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Bengaluru: IT raid on hospitals and pharmacies unearths tax evasion of Rs 500 crore

  •   Thu, Nov 30 2017 03:43:03 PM

Daijiworld Media Network – Bengaluru (MS)

Bengaluru, Nov 30: Now it is the turn of doctors and pharmacy owners of state to be the target of Income Tax (IT) raids. In the raids that were conducted simultaneously on 28 hospitals and pharmacies on Wednesday, November 29, it is said that IT sleuths have unearthed tax evasion to the tune of Rs 500 crore. More than 300 officers of the IT department were involved in this operation.

The IT officials raided the residence of Dr Kamini Rao at Shivananda circle and also Milan hospital of Chikkapet, pharmacy, diagnostic center, and medical goods distribution company, all that are owned by Dr Rao. In addition, the IT team raided residence, office and the houses of owners of 21 renowned pharmacies of Bengaluru and also their relatives. It is alleged that illegal business worth crores of rupees has been brought to light.


Dr Kamini Rao

It is learnt that this operation was conducted on the allegations emerged that the owners and commission agents of pharmacies got into a nexus with the bank officials and cheated the exchequer to the tune of several crores during the demonetisation,

According to the IT officials, clear picture of the extent of fraud will emerge only after the verification of all the records that have been confiscated during the IT raids.
  

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Comment on this article

  • NN, NN

    Sat, Dec 02 2017

    Thanks to IT department and ruling government for saving India from becoming another Venezuela. It is the duty of every citizen to pay the due taxes to the government. In a longer run, it is good for everyone. Indians should come out from the mentality of tax evasion and should think that it is like stealing money from government. It is every citizen's duty to help IT by identifying tax evaders. This is a patriotic duty of all the citizens.

    DisAgree Agree [3] Reply Report Abuse

  • readerwriter007, pune

    Fri, Dec 01 2017

    Mr. Valerian Dsouza, Udupi/Mumbai.... u r asking on politicians... recently it was done and caught a big fish named Mr. DKS. drilling is on. Good actions by IT teams. yes, we are not getting to see any end results or executions on these defaulters. that's the problem. Many have written for to these raids , but also lot has raised concern as what actions were taken on these culprits. Nothing at lease we the public knows. So, yes, good actions. but we are looking for end results like their properties are seized and used for public benefit. also, let the doctors doesn't come in Tax free zone. Each transaction should come under GST and to be tracked. Not to suspect them, just to ensure all share the IT burden equally. Not only 3 / 4 % of the public takes the complete burden.... all , politicians, doctors ... all should pay IT. But seeing current aggressiveness of the current central govt lead by Modi, I feel very soon this is going to happen.

    DisAgree [4] Agree [2] Reply Report Abuse

  • Rita, Germany

    Fri, Dec 01 2017

    Good that raid on Pharmacys and hospitals are done.Now atleast one can understand why doctors are directing patients to special Pharmacys,or private hospitals.All are in the same boat ,and s can save some lacs.Over that private hospital doctors were on strike (atleast in mangalore) over the issue of govt.fixing the rate.Does this also possible in mangalore? I am sure.Sucking poor mans blood.

    DisAgree [3] Agree [11] Reply Report Abuse

  • NN, Mangalore

    Fri, Dec 01 2017

    Well done by IT but not enough. Impose 1% GST on all medical transactions. Nothing should be tax exempt. All non-profit organizations should pay at least 1% GST and may claim it back through IT returns. The purpose here is the accountability. Some religious entities get huge donations and no one knows where that money goes. May be some of these entities are functioning like clearing houses for unaccounted money. If taxed, both the donor and the recipient will be accountable.

    DisAgree [2] Agree [4] Reply Report Abuse

  • Valerian Dsouza, Udupi/Mumbai

    Thu, Nov 30 2017

    Why not raid to Politicians and Ministers who amazed crores and crores of unaccounted money?
    Money unearthed through Tax evasion, whether genuinely goes to Govt treasury and common man stands benefited?
    Or action is merely show off and raided money is dealt with and shared among themselves and common man is smartly fooled?

    DisAgree [4] Agree [29] Reply Report Abuse

  • mahesh, Mangalore

    Fri, Dec 01 2017

    Dont know if you know, But the IT department has a desk where they accept tips regarding any black money etc. Your name remains anonymous as well you get some reward.
    If you have some information, please pass it on to them.

    DisAgree Agree [10] Reply Report Abuse

  • KRPrabhu, Bangalore/Mangalore

    Fri, Dec 01 2017

    Barking is easy than biting...

    DisAgree Agree [7] Reply Report Abuse

  • Kishore Kumar, Mangaluru

    Thu, Nov 30 2017

    All this raids becomes 'TUSSA' as we have seen in case of our state energy minister and dcc bank president, because if we go deep into the case all party members are involved in it.

    DisAgree [7] Agree [12] Reply Report Abuse

  • gabriel, sagar

    Thu, Nov 30 2017

    It's a tip of an iceberg. When the medical fraternity becomes sensitive to money-making, the humanity suffers. Verily the medical fraternity prescribes, but God who heals without a penny!

    DisAgree [6] Agree [16] Reply Report Abuse

  • Rao, Udupi

    Thu, Nov 30 2017

    Whatever collected in cash and spent as expense by these people can be hidden

    But following cannot be hidden:
    1. Assets they purchase like jewellery, car, land, buildings, furnishings and other luxury expensive items.
    2. Their spend on foreign travel
    3. All other expenses which requires PAN.

    So to some extent all these will come out.

    DisAgree [4] Agree [16] Reply Report Abuse

  • J.F.D SOUZA, Attavar, Mangalore

    Thu, Nov 30 2017

    What is the use of amassing money by evading crores of rupees tax like this? Atleast some portion/percentage of the amount should have been spent for the treatment of poors.

    DisAgree [2] Agree [33] Reply Report Abuse

  • Dr Mohan Prabhu, LL.D, QC, Mangalore (Kankanady)/Ottawa, Canada

    Thu, Nov 30 2017

    Pay cash before being treated has been the motto of private doctors.
    Next IT target should be religious institutions who receive foreign donations and do not declare. Will they dare enter?

    DisAgree [9] Agree [26] Reply Report Abuse

  • Af,,, Mangalore

    Thu, Nov 30 2017

    How to measure income of doctors when they receive 99.9% money in form of hard cash.

    DisAgree [4] Agree [39] Reply Report Abuse

  • PRAVEEN KUMAR J, MANGALORE

    Thu, Nov 30 2017

    50 percent looks realistic. With 99 % one can t spend anything too

    DisAgree Agree [1] Reply Report Abuse

  • Pinto, BLR

    Thu, Nov 30 2017

    i have been saying since long medical, hospital, diagnostic & other so called professionals who mostly deal in cash from start to finish are the biggest tax evaders.

    Unfortunately our so called leaders at the centre still favour no GST or most GST exemptions to these sectors. Charge at leaset 1% GST on all bills & make sure "No Bill - Don't Pay" policy.

    DisAgree [3] Agree [25] Reply Report Abuse

  • Design Jawan, Mangalore

    Thu, Nov 30 2017

    Shame. .... shame .... shame. One must blacken that white coat as it doesn't suit on thieves.

    DisAgree [5] Agree [24] Reply Report Abuse

  • Suresh, Dubai

    Thu, Nov 30 2017

    Our country is rich, but wealth is not distributed evenly. Corrupt people stack up all the profits in their account and others are left almost empty handed. Sad fact

    DisAgree [1] Agree [29] Reply Report Abuse

  • shan, dubai

    Thu, Nov 30 2017

    Evil in Angels dress.......????

    DisAgree [5] Agree [24] Reply Report Abuse

  • Rajesh, Mangalore

    Thu, Nov 30 2017

    Mr Shaan, Most people are corrupt because sytem makes them corrupt. Most Doctors earn their money in cash and whatever is earned in cash does not get taxed. kamini may be a big fish among those but allmost all doctors have black money as their fees are earned in cash. therefore credit should go to Modi for bringing in sytemic changes which will reduce accumulation of Black money.

    DisAgree [19] Agree [19] Reply Report Abuse

  • Vijayakumar, Bengaluru

    Sat, Dec 02 2017

    If the verification does prove guilt her PADMASHRI must be revoked and her Appointment through various government agencies as board member in making policies for medical professionals must be stopped and blacklist her from such future appointments

    DisAgree Agree [1] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Thu, Nov 30 2017

    Once Gujarat election insult(result) is out on 18th declared then the same IT team will target Gujju's...!!!!

    Using all govt machinery to terrorize political opponents..,

    DisAgree [23] Agree [20] Reply Report Abuse

  • mahesh, Mangalore

    Thu, Nov 30 2017

    When did this doctor becone a political enemy?
    Get real.

    DisAgree [7] Agree [26] Reply Report Abuse

  • Albert, Mangalore

    Thu, Nov 30 2017

    Once Gujarat results are out Pappu will hide in Thailand!

    DisAgree [12] Agree [6] Reply Report Abuse

  • Anees, Karkala /Dubai

    Thu, Nov 30 2017

    Income tax Department become easiest commisioning agent for mutual settlement.

    DisAgree [11] Agree [10] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Nov 30 2017

    Her name is also Kamini ...

    DisAgree [11] Agree [22] Reply Report Abuse

  • Shankar, Banglore

    Thu, Nov 30 2017

    Come on Jossey......Eagerly waiting for your comment!

    DisAgree [5] Agree [26] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Nov 30 2017

    I never knew I had such a big fan following ...

    DisAgree [10] Agree [27] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Thu, Nov 30 2017

    Dr. Kamini Devi ka, neend weend, Chen wain ujda...

    DisAgree [4] Agree [11] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Thu, Nov 30 2017

    In India every where fraud and duping tax to Govt. We can't believe anybody.

    DisAgree [1] Agree [24] Reply Report Abuse

  • sri_elder, Karkala

    Thu, Nov 30 2017

    Most of the intelligent people declared black money by Oct 31st 2016 and paid 50% fine.
    Rest of of the intelligent people pay 100%...

    DisAgree [3] Agree [22] Reply Report Abuse

  • SUNNY DSOUZA, MARNIMIKATTE MANGALORE

    Thu, Nov 30 2017

    This is the fate of our country

    DisAgree [1] Agree [19] Reply Report Abuse

  • Rajesh, Mangalore

    Thu, Nov 30 2017

    The demo effect. but the slaves do not want to see this as they are beneficiaries of black money.

    DisAgree [11] Agree [32] Reply Report Abuse

  • Rajesh, Mulki

    Thu, Nov 30 2017

    Good operation by IT doctors.

    DisAgree [2] Agree [10] Reply Report Abuse


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Title: Bengaluru: IT raid on hospitals and pharmacies unearths tax evasion of Rs 500 crore



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