International

16 dead, 38 injured in Kandhar Car bomb explosion

Kandahar: At least 16 people were killed and 38 were injured when a minivan stuffed with explosives detonated as security forces were trying to defuse it in Kandahar on Tuesday.

Mohammad Qasim Azad, Police Spokesperson informed the media that “As the security forces were trying to defuse the van, it detonated.”

“The latest figures show 16 dead and 38 wounded people brought to the hospital. We still have two ambulances at the site because there might be more people under the rubble,” said Dr. Nehmat Barak, chief of the Mirwais Hospital in Kandahar.

Provincial governor spokesman Daud Ahmadi said Security forces in Kandahar had already cleared the area around a bus station where the van was found. Ahmadi confirmed the toll, adding that the dead included four security forces personnel. At least five children and 10 members of the security forces were among the wounded.

“Security forces also found a large container of explosives, rocket-propelled grenades, suicide vests, and ammunition near the site,” added Ahmadi.

“The terrorists planned to conduct a big attack at end of Ramadan in the city among crowds of people as they went out shopping for Eid… security forces prevented a disaster from happening,” one security official told the reporters.

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National

Delhi: I-T raids on farm house, land developers unearth Rs 215cr black money

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New Delhi: The Income Tax Department (ITD) has unearthed black money of over Rs 215 crore after it conducted multiple raids over the weekend against two real estate groups who were selling land and farmhouses on the Yamuna plains to high-end investors in the national capital, officials said today.

Sleuths of the Delhi investigation wing of the department searched and surveyed a total of 33 premises of the two property developers, whom they did not identify.

They said the two developers largely dealt in cash while cracking these deals and thus evaded income tax along with their clients, who are now under the ITD scanner.

The modus operandi undertaken by the developers, sources said, was to file their IT returns based on the sale of the property on actual circle rates but the actual transaction was priced “much higher.”

“The difference between the circle rate and actual rates was settled in cash which represented the unaccounted and undisclosed income of the sellers,” a senior official said.

He added that this technique was being used by the promoters of the real estate business and their clients for many years to hide their “true income” from the tax department.

The department is now scrutinising the list of the wealthy and high-net worth individuals who were investing their black money into these land and farm house investments in the Yamuna plains in the national capital region.

The total undisclosed cash transactions detected during these raids stands at Rs 215 crore, they said.

The department, they said, will file tax evasion prosecution compliance against these people and will also separately prosecute them under the IT laws that bans accepting a cash amount of over Rs 20,000 for selling an immovable property and this violation attracts a 100 per cent penalty on the amount of tax evaded.

Also, holding cash of over Rs 2 lakh is now banned and hence the department will penalise the erring assessees for this violation too, they said.

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