Maharashtra: DCM Ajit Pawar Gets Relief In Benami Property Case; Seized Assets Worth ₹1,000 Cr Released By IT

Maharashtra: DCM Ajit Pawar Gets Relief In Benami Property Case; Seized Assets Worth ₹1,000 Cr Released By IT

The tribunal dismissed the Income Tax assessment officer appeal against Ajit Pawar, his wife Sunetra Pawar and son Parth Pawar in Jarandeshwar Sahakari Sakar Karkhana (JSSK) and three other cases of bogus loans and benami properties.

Dharmesh ThakkarUpdated: Saturday, December 07, 2024, 09:07 AM IST
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DCM Ajit Pawar | File Photo

Mumbai: A day after taking oath as the deputy chief minister of Maharashtra, NCP chief Ajit Pawar got a major relief from the Income Tax Appellate Tribunal in Benami Property Transactions case. Pawar's properties worth Rs 1000 crore seized under Benami Act were released by the Income Tax department.

The tribunal dismissed the Income Tax assessment officer appeal against Ajit Pawar, his wife Sunetra Pawar and son Parth Pawar in Jarandeshwar Sahakari Sakar Karkhana (JSSK) and three other cases of bogus loans and benami properties.

The tribunal chairman Justice Munishwar Nath Bhandari and Member Balesh Kumar passed orders stating that there is no evidence against Pawar to prove Benami allegations.

“Tribunal holds that no material or document could be placed on record to prove Ajit Pawar, Mrs. Sunetra Pawar and Parth Pawar to be beneficial owners of the alleged benami transaction,” states the tribunal order and dismissed the appeal filed the IT department against Ajit Pawar family.

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