IT attaches properties worth 400 crores of BSP Chief Mayawati’s brother

IT attaches properties worth 400 crores of BSP Chief Mayawati’s brother

New Delhi | The Income Tax department today seized a ‘benami’ plot worth Rs 400 crores in Uttar Pradesh’s Noida which belongs to Bahujan Samja Party (BSP) chief Mayawati‘s brother Anand Kumar and his wife.

The provisional order for the attachment of the seven-acre plot, “beneficially owned” by Anand Kumar and his wife Vichiter Lata, was issued on July 16 by the Delhi-based Benami Prohibition Unit (BPU) of the department.

Anand Kumar was recently appointed as the BSP’s National President by Mayawati.

As reported by News Agency PTI, the order has been issued under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988.

According to the order, “The attached asset, considered a ‘benami’ property of Kumar and his wife by the department, measures 28,328.07 square meters or about seven acres, the book value of the property is Rs 400 crore.”

The law stipulates that a violator of the Benami Act can face rigorous imprisonment up to seven years besides being liable to pay fine up to 25 per cent of fair market value of the ‘benami’ property.

The department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016 after the Modi government enforced the dormant-lying law from that year.


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