SRINAGAR: The income tax department has served a notice to senior Peoples Democratic Party (PDP) leader and Jammu & Kashmir MLA Waheed Para to submit his books of accounts, officials said on Sunday.
Though, according to the notice, Para was scheduled to appear before the Income Tax authorities on December 20, he received the intimation on the same day.
While the Peoples Democratic Party leader – the MLA from Pulwama in south Kashmir – was not available for comment, his close aides said his representative would appear at the Income Tax office on Monday.
Para was served a notice under Section 131(1A) of the Income Tax Act that empowers a tax officer to seek information from taxpayers, even when no formal proceedings are pending.
The provision also allows the tax authorities to seek books of accounts and financial documents to be brought by the noticee or be sent through their authorised representative, as the case may be.
According to data submitted to the Election Commission after the assembly elections, Para said he had spent a little over ₹14 lakh on electioneering. Of this, ₹12 lakh was received from individuals, companies, firms or associations as loans, gifts and donations.
In his election affidavit, Para had informed that the total value of his moveable and immoveable assets was more than ₹2.5 crore, including inherited agriculture land of ₹2 crore.
Para is out on bail after spending two years in jail.
He was arrested by the National Investigation Agency (NIA) on November 25, 2020, a day after he filed his nomination for the District Development Council elections from Pulwama.
He was granted bail by an NIA court in January 2021. As he was stepping out of jail, the Counter Intelligence (Kashmir) wing of the Jammu and Kashmir Police arrested him on the same charges.
This story is from the December 23, 2024 edition of Hindustan Times Ranchi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 23, 2024 edition of Hindustan Times Ranchi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Bumrah keeps battle alive; Australia top order clicks
Virat Kohli and Australian youngster Sam Konstas were on Thursday involved in a physical altercation that the 19-year-old home debutant played down as an accidental bump but the incident is likely to prompt disciplinary action against the Indian superstar.
Kohli May Face Disciplinary Action After Konstas Faceoff
Virat Kohli and Australian youngster Sam Konstas were on Thursday involved in a physical altercation that the 19-year-old home debutant played down as an accidental bump, but the incident is likely to prompt disciplinary action against the Indian superstar.
How Konstas's Father Prepared His Son For Tough Battles
If going after the much-feared Indian pacer Jasprit Bumrah came naturally to Sam Konstas, it had something to do with an innocuous mistake his father committed during the teenager's childhood training.
Haven't been disciplined enough to stick in there
Indian superstar Virat Kohli on Thursday admitted he has not been disciplined enough in his last two-three innings of the Border-Gavaskar Trophy and plans to take a lot more time before going for his strokes in the remaining two Tests.
India needed Rohit to open, Washi's variation at MCG
India's assistant coach Abhishek Nayar on Thursday defended axing Shubman Gill from the Boxing Day Test, saying it was in the team's best interest to not only have Rohit Sharma back to his usual opening slot but also add some sting to the attack by drafting in spin all-rounder Washington Sundar.
Erigaise Looking to Enter Candidates via World Rapid
Grandmaster Arjun Erigaise will have to tackle obstacles to retain his chances of becoming the first Indian to enter the 2026 Candidates' tournament when he opens his campaign at the World Rapid and Blitz chess tournament here.
Wedding Market Gets Glitz Back as Budgets Surge
Marriages might be made in heaven, but for those on Earth, the occasion to celebrate the exchange of vows is back to being an expensive affair.
Loans, deposits surge; NPAs fall: RBI report
Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday.
Exporters seek ₹750 crore fund to target $25 billion US potential
Exporters on Thursday sought a fund of ₹750 crore for three years to tap $25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods.
Branded hotels to see 13-14% growth in FY25 on demand surge
Branded hotels in the country are likely to see double-digit revenue growth of 13-14% in 2024-25, and 11-12% in the next financial year on demand surge, a report said on Thursday.