LATEST UPDATEIncome Tax Department to recover over Rs 400 crore from late BSP MLA Umashankar Singh's companies
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Income Tax Department to recover over Rs 400 crore from late BSP MLA Umashankar Singh's companies

The Income Tax Department has determined a tax liability of over Rs 400 crore against the companies of late BSP MLA Umashankar Singh. The department will soon initiate recovery proceedings from his family. Reports also suggest the involvement of several officials from the mining department in this matter.

The Income Tax Department has finalized preparations for significant action against companies associated with the late Bahujan Samaj Party MLA Umashankar Singh. According to official sources, these companies owe more than Rs 400 crore in taxes. The department is now set to initiate legal proceedings to recover this substantial amount from his family members.

This issue has been under scrutiny for some time, and the department has now decided to take concrete steps toward recovery. Following the passing of Umashankar Singh, an in-depth investigation was conducted into his business activities and financial transactions. It was during this probe that the tax evasion and outstanding dues were uncovered, leading to the department's firm stance.

This entire episode involves not only financial irregularities but also hints at administrative collusion. Sources claim that the Income Tax Department's report mentions the roles of several officials from the mining department. This suggests that the scope of the investigation could expand in the near future.

Currently, the Income Tax Department's priority is to ensure the recovery of the outstanding dues. It is expected that formal notices will be sent to the family regarding this matter soon. The administration does not appear to be in a mood to show any leniency in this case.

The matter, linked to Umashankar Singh's political and business life, has created a stir in Uttar Pradesh. With the involvement of mining department officials coming to light, it remains to be seen whether other agencies will initiate their own investigations into the affair.

So far, there has been no official response from the concerned officials or the family. Following the Income Tax Department's action, all eyes are now on how quickly the recovery process is completed.

This action reflects the department's commitment to ensuring tax compliance and protecting government revenue. More information regarding this case is expected to emerge in the coming days.

SOURCES

Original references

01अशोक मिश्रा, अमर उजाला लखनऊOpen original report ↗