According to reports, the IT sleuths found unaccounted cash deposit worth Rs. 36.40 cr submitted in a company named Radhika Gems. The ammount was later tranferrred to NC Jewelers account in Axis Bank.
In yet another shocking case, Income Tax department on Thursday seized Rs 39 Crore from at least nine fake accounts being operated under various names by one Ramesh Chand and Raj Kumar in Kotak Mahindra Bank's KG Marg branch in Central Delhi.
China will strongly oppose any attempt to label Pakistan as “supporting terrorism”, Chinese official media on Friday said and suggested India to accept the “olive branch” extended by a top Pakistani military General to participate in the USD 46 billion economic corridor.
Supreme Court on Friday refused to give urgent hearing to a writ petition challenging Tax exemption to political parties.
The year saw trial courts in Delhi dealing with high-profile cases involving Delhi Chief Minister Arvind Kejriwal and liquor baron Vijay Mallya while the attack on JNU student leader Kanhaiya Kumar by men in black robes also made news.