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I-T searches at BMC standing committee chairman’s premises over ‘tax evasion’

The tax department had allegedly found discrepancies in BMC standing committee chairman Yashwant Jadhav's wife's affidavit filed for 2019 assembly polls.

By: Express News Service | Mumbai |
Updated: February 26, 2022 1:46:48 am
Probe against Yashwant Jadhav: I-T dept asks BMC for documentsYashwant Jadhav was first elected as a corporator in 1997 from the Mazgaon area. (Photo: Twitter/@iYashwantJadhav)

THE INCOME Tax department on Friday conducted searches at the premises of Shiv Sena corporator and Brihanmumbai Municipal Corporation (BMC) standing committee chairman Yashwant Jadhav over alleged tax evasion. The BMC Standing Committee controls the finances, giving final approval for major financial proposals tabled in the BMC.

The tax authority also conducted searches on a few BMC contractors, sources said. “The search is in connection with an earlier tax inquiry against Jadhav’s wife (Sena’s Byculla MLA Yamini) and some other corruption complaints received against him like cartelisation of contacts,” said a tax official.

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The tax department had allegedly found discrepancies in Yamini’s affidavit filed for 2019 assembly polls. The discrepancy pertains to a few transactions with a Kolkata-based shell company that the tax department suspects was allegedly used to launder money to the tune of Rs 15 crore.

A three-time corporator, Jadhav was first elected in 1997 from the Mazgaon area. After winning the corporation election for a third time in 2017, he was elected as the chairman of the standing committee, a key panel which has power to sanction expenditure proposals and approve Budgets.

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With 97 corporators, Sena is the single-largest party and all key committees are headed by their leaders. After the searches, Mumbai mayor Kishori Pednekar reached Jadhav’s residence in the morning. Pednekar said she had gone to appeal to party workers, who had gathered outside Jadhav’s house, to stay calm. After the raids, most parts of Mazgaon remained closed.

Pednekar slammed the action and accused BJP of targeting states ruled by other parties. “States such as Jharkhand, West Bengal, and Punjab are facing similar actions from Central investigating agencies. We have belief in the Constitution and truth will prevail.”

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