Bengaluru: IT raids S M Krishna's son-in-law Siddhartha's firms


Tax raids on Cafe Coffee Day chain owner in KarnatakaBengaluru, Sep 21 (IANS): Income Tax Department sleuths on Thursday searched the business and residential premises of Cafe Coffee Day retail chain founder-owner V.G. Siddhartha, son-in-law of former Karnataka Chief Minister S.M. Krishna, in Bengaluru and other places in the state for alleged tax evasion, said a senior official.

"Directorate Revenue (Intelligence) officials are conducting simultaneous search and seizure operation to ascertain undisclosed income and tax evasion, if any, under section 132 of the Income Tax Act 1961 in the offices and residence of a businessman who owns Coffee Day retail outlets across the country," the tax official told IANS here.

 

The raids, which began at 8 a.m., were underway at the corporate office of Amalgamated Bean Coffee (ABC) Trading Company, which runs the coffee chain, in central Bengaluru, its branches at Chikkamagaluru, Mudigere and Sakelespur in the state and its owner's house in the city's upscale suburb.

Clarifying that the raids had nothing to do with the political links of the owner's relative, the official said the businessman happens to be the son-in-law of a prominent politician in the state.

"The raid on the businessman is for evidence on information gathered during the course of investigation and is independent of his relationship with a politician," added the official on the condition of anonymity.

Siddhartha is the elder son-in-law of Krishna, a former External Affairs Minister of the country from 2009-12. He was the Chief Minister from 1999 to 2004. He was also Maharashtra Governor from 2004 to 2008.

The 85-year-old veteran politician joined the BJP on March 22 in New Delhi after resigning from the Congress on January 29 this year, severing his four-decade-old association with the grand old party.

  

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Comment on this article

  • PenMightierThanTheSword!, Mangalore

    Thu, Sep 21 2017

    This is pure drama by the IT which has been directed by Modi and Shah to brainwash the public!

    DisAgree [3] Agree [4] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Thu, Sep 21 2017

    This raid might have initiated to control Krishna in the party

    DisAgree [4] Agree [19] Reply Report Abuse

  • JNB, Mangalore-Mumbai

    Thu, Sep 21 2017

    *when SM Krishna was in Cingress
    BJP was calling corrupt family!
    *now he joined BJP
    Sin becomes Virtue?
    CLEAN CHIT AWAITING
    highest clean chits seen in BJP rule irrespective of crimes and butchury!

    DisAgree [14] Agree [48] Reply Report Abuse

  • Anil, Mangalore

    Thu, Sep 21 2017

    SM Krishna s younger daughter is married to Vijay Mallya s step brother.

    DisAgree [3] Agree [32] Reply Report Abuse

  • kuttappa, Madikeri

    Thu, Sep 21 2017

    Hi,

    All the opinion writers can be a fabulous script writers, Awesome fiction writings keep coming....!!

    I eagerly read opinions and then the news ; )

    Thanks
    AG

    DisAgree Agree [11] Reply Report Abuse

  • roger, manipal

    Thu, Sep 21 2017

    Poor guy is waiting for ages for IT raids...Ultimately SMK has to request , pls do this pending work at the earliest., & give a white clear chit so that nobody will raid him in future. will there be a raid on his astrologer ? and rest of the jing bang who has amassed huge wealth ?

    DisAgree [1] Agree [31] Reply Report Abuse

  • RUDOLPH, MANGALORE

    Thu, Sep 21 2017

    IT RAID IS GOING ON SMOOTHLY. NOTHING TO WORRY. EVERYTHING IS WELL PLANNED AND MANAGED BY SMK. THIS TIME FOR A CHANGE RAID ON BJP SUPPORTER.

    DisAgree [8] Agree [46] Reply Report Abuse

  • Francis Lewis, Sasthan / Bangalore

    Thu, Sep 21 2017

    this is just to eye wash to the general public

    DisAgree [1] Agree [2] Reply Report Abuse

  • kalandar Mannapu, Puttur

    Thu, Sep 21 2017

    This is just the drama, the corrupt is not punished. It's just a frustration,

    DisAgree [11] Agree [47] Reply Report Abuse

  • mahesh, Mangalore

    Thu, Sep 21 2017

    If raid done on DKS, then political vendetta.
    If done on Siddhartha, then Drama.
    Make up your mind, buddy.
    It's either both drama or both vendetta.. You can't choose depending on the person.

    DisAgree [21] Agree [11] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Thu, Sep 21 2017

    This raid only to find out how much wealth he has made in Congress tenure.

    DisAgree [7] Agree [34] Reply Report Abuse

  • RUDOLPH, MANGALORE

    Thu, Sep 21 2017

    BJP SUPREMO NOT AWARE THAT CONGRESS HIGH COMMAND PERMITTED S.M.KRISHNA TO JOIN BJP. TOP SECRET ????

    DisAgree [8] Agree [17] Reply Report Abuse

  • Comman, Man

    Thu, Sep 21 2017

    Hide and seek.. just a part of drama

    DisAgree [9] Agree [28] Reply Report Abuse

  • JOY CASTELINO, MOODUBELLE/DUBAI

    Thu, Sep 21 2017

    This is Pre- informed raid. Nothing will be found!!!!!!!

    DisAgree [8] Agree [36] Reply Report Abuse

  • rahul shetty, india

    Thu, Sep 21 2017

    i dont believe these kind of raids... this is simply to show public ..... i urge all media should keep updating regularly towards any IT raids taken place until the end result , so that we will get the final answer from our Income tax department for the particular raid .

    we only get information once .then no body knows , example previous several raids ???

    DisAgree [4] Agree [25] Reply Report Abuse

  • vivek, hirebyle / Abu dhabi

    Thu, Sep 21 2017

    he is son in law of CORRUPT - B.J.P leader s.m Krishna..

    DisAgree [9] Agree [37] Reply Report Abuse

  • John Tauro, M'luru / Kwt

    Thu, Sep 21 2017

    Just 6 months ago he was doodh ka dhula. That's why he was sidelined by Congress. When did he become corrupt? IT has raided his son-in-law not him.

    DisAgree [8] Agree [10] Reply Report Abuse

  • P. Shirish Kumar, Mangalore

    Thu, Sep 21 2017

    BJP proved itself that it is always impartial.

    But dongi congress supporters can't understand, afterall, PAppu followers right?

    See almost 22,000 directors lost their position, this is called Swacch Bharath.
    Wait and see, lungies will fall day by day.

    We need such a clean leadership, not Fake surname holders come to loot India.

    DisAgree [22] Agree [10] Reply Report Abuse

  • Pinto, BLR

    Thu, Sep 21 2017

    Nothing will happen. This is only for name sake. Since, S M Krishna has already joined BJP they will make all adjustments.

    I think this is just to hide their trading arms preferential access to NSE servers given illegally which is under probe. God alone knows when this probe will complete. Even former NSE chief resigned in this fiasco.

    By raiding may be BJP trying to force Krishna to publicly campaign for them for his own survival in coming state elections !!!

    DisAgree [9] Agree [25] Reply Report Abuse

  • KRPrabhu, Mangalore /Bangalore

    Thu, Sep 21 2017

    Well done Modi govt.Dont allow anybody to enjoy at tax payers money or or super thieves...

    DisAgree [37] Agree [23] Reply Report Abuse

  • Amith, USA

    Thu, Sep 21 2017

    Whatever treatment, Blinds will remain BLINDS forever never see the LIGHT. That is the reason they are called "ANDE BAKHTS"

    DisAgree [15] Agree [22] Reply Report Abuse

  • KRPrabhu, Mangalore /Bangalore

    Thu, Sep 21 2017

    Hum Andhe bhakth hee rahenge..?tho Kya..?

    DisAgree [12] Agree [4] Reply Report Abuse

  • Praveen, Mangalore

    Thu, Sep 21 2017

    Back stabbing by BJP.....even though after backmail by force he joined BJP but still IT Raid... so sad..

    DisAgree [9] Agree [31] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Sep 21 2017

    S M Krishna made a disaster ...

    DisAgree [8] Agree [53] Reply Report Abuse

  • Richard Noronha, Belman

    Thu, Sep 21 2017

    Dhobi ka gadha na ghar ka na ghat ka... Mr Krishna was given lolly pop at this age :)

    DisAgree [5] Agree [42] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Thu, Sep 21 2017

    People had already said, he had ended his 46 years association with congress and joined BJP to save the skin of his son-in-law. Let us see whether that helps him now.

    DisAgree [4] Agree [54] Reply Report Abuse

  • Flavian dsouza, chik/bengaluru

    Thu, Sep 21 2017

    Except gujjus all will be raided not sure when Ambani and Adani will be raided

    DisAgree [15] Agree [63] Reply Report Abuse


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Title: Bengaluru: IT raids S M Krishna's son-in-law Siddhartha's firms



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