Latest news with #AshokChavan
Time of India
11-05-2025
- Politics
- Time of India
Ajit Pawar strengthens position in Nanded as challenges mount for Ashok Chavan
Chhatrapati Sambhajinagar: At Nanded on Sunday, Uday Chavan, the nephew of BJP MP and former chief minister Ashok Chavan , along with other party workers, joined NCP in deputy chief minister Ajit Pawar 's presence. This marked the third instance of local politicians from Nanded entering NCP shortly after recent assembly elections, strengthening Ajit Pawar's influence ahead of the upcoming local self-governing body Bhaskar Patil Khatgokar, Ashok Chavan's brother-in-law, and former Congress MLAs Mohan Hambarde and Omprakash Pokharna had joined NCP. The party's swift expansion, particularly through recruiting Chavan's close associates, has created difficulties for the former NCP MLA Pratap Patil Chikhalikar, a political opponent of Ashok Chavan, received recognition for bringing prominent Congress functionaries into the suggested more members would join NCP and requested Ajit Pawar to schedule time to welcome new members. Operation Sindoor 'Our job is to hit target, not to count body bags': Air Marshal Bharti on Op Sindoor Precautionary blackout imposed across parts of Rajasthan, Punjab 'Indian Navy was in position to strike Karachi': Vice Admiral on Operation Sindoor Ajit Pawar urged party workers to secure victories in forthcoming elections, stating, "Strengthening the party is also an important part of assured development. Both old and new party workers should work together for better results." He emphasised on treating all party workers his March 23 Nanded visit, the deputy chief minister downplayed the talks of unrest in BJP regarding NCP's growing membership. He stated while each Mahayuti party has the right to grow, care must be taken to prevent meanwhile, did not comment on the latest NCP joiners until Sunday Ajit Pawar visited the family of Army jawan Sachin Wananje from Deglur taluka, Nanded district, who died in a vehicle accident while serving in Jammu and Kashmir on May 6. He promised financial assistance and comprehensive support to the bereaved family. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
Time of India
09-05-2025
- Business
- Time of India
Plea against attaching of 52 cr deposit in credit society junked
Mumbai: The Income Tax Appellate Tribunal (ITAT) has dismissed an appeal that challenged attachment of Rs 52 crore deposit in a credit society which were allegedly amounts paid for transfers and postings in the state public works department (PWD). Ashok Chavan was PWD minister in the MVA govt when the alleged transaction took place, though the tribunal order has not found anything linking was a Congress leader and in 2024, he joined BJP and is now an the adjudicating authority, while confirming the attachment, had 'not identified Ashok Chavan as the beneficial owner,' and 'SAMRAT,' who allegedly accumulated most of the Rs 450 crore from PWD transfers along with other sources, remained unidentified. The tribunal's order mentioned Prashant Nilawar and Jayant Hiralal Shah as intermediaries in the PWD ministry, who were primarily involved in real estate and construction. The I-T department's 2021 investigation revealed their involvement in corrupt PWD showed substantial cash deposits in 900 new non-PAN accounts at the Buldana Urban Co-operative Credit Society. These deposits were subsequently converted into fixed deposits and later withdrawn with 'SAMRAT' identified as the beneficial owner. On Sept 23, 2021, I-T officials had searched Prashant Nilawar and Jayant Hiralal Shah. The tribunal said, "The document/summary sheet was found stored in the photo gallery of iPhone found in the custody of CA Nilesh Toshniwal which gave express details of overall cash of Rs 450.3 crores generated from HAM Works and transfer and posting in PWD and other work and outgoing cash to "JS" and to "SAMRAT"."The I-T evidence failed to establish that the beneficial owner made the deposits or prove Ashok Chavan's involvement in the appellants' bank account the appeal, it was said, "Merely non-filing of the income-tax returns by some depositors would not make out a case of benami transaction because returns are not mandatory for individuals whose income was below the taxable limit. In fact, the appellants were coming from rural and some from urban area (sic) and to see that their savings are mobilized, they opened the bank accounts and converted the bank accounts into FD after its deposit thus the Adjudicating Authority could not have drawn inference that the deposits were not genuine rural investment. " The counsel argued rapid deposits could occur during Deposit Melas, suggesting that quick deposits shouldn't automatically indicate benami transactions.
Time of India
05-05-2025
- Business
- Time of India
Tribunal upholds I-T attaching 900 accounts in Buldana Coop case
Finding merit in the Income-Tax department's case against alleged irregularities at Buldana Urban Cooperative Credit Society Ltd , an appellate tribunal under Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA) recently upheld the attachment of around 900 suspicious bank accounts . #Pahalgam Terrorist Attack Pakistan's economy has much more to lose than India's due to the ongoing tensions, warns Moody's Ratings The day Pakistan got the power to poke India FM Sitharaman meets ADB chief and Italian FM, discusses economic issues; no mention of Pakistan The accounts were attached under the Prohibition of Benami Property Transactions Act (PBPTA) by the Nagpur unit during the course of its investigation and the same were confirmed by the adjudicating authority (AA). The search operation by the department had allegedly revealed suspicious deposits in numerous accounts at the cooperative society. Funds of over ₹52 crore were found to be connected to PWD contracts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo The society came under I-T scanner during an investigation of its loan to a Nanded-based sugar mill connected with former chief minister Ashok Chavan. He had denied the allegations and said all banking norms were followed. Chavan, a former Congress leader, joined the BJP in 2024. The probe had found that 900 accounts were opened; of this 718 were newly opened non-PAN accounts, 53 old inactive accounts, 118 non-PAN accounts in another branch. The deposits in these accounts followed suspicious patterns structured to keep individual transactions below ₹2 lakh The probe further revealed that the beneficiary of the amount deposited is one SAMRAT. Live Events In September , 2021, the department carried out a search and survey action on premises linked to builders Prashant Nilawar and Jayant Hiralal Shah, who were alleged to be acting as middlemen/liaison in the Public Works Department (PWD) of Maharashtra. Both of them run business of real estate and construction in the name of M/s Rucha Group and M/s Jairaj Group . "The modus operandi of cash collection from HAM works and transfer and posting of officers/engineers of PWD was unearthed in the search. The benami cash transaction of ₹52.19 crore was found with the co-operative society," the I-T had contented. "The document/summary sheet was found stored in the photo gallery of iPhone found in the custody of CA Shri Nilesh Toshniwal."
