After 'gift' claim, CM may come under I-T dept 'watch'

February 12, 2016

Bengaluru, Feb 12: Chief Minister Siddaramaiah appears to have been caught on the wrong foot by claiming that the expensive wristwatch he used to wear till recently was a gift.

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According to the Income Tax Act 1961, a person has to pay tax if he or she receives a gift costing more than Rs 50,000. However, tax exemption can be availed if the gift is from one of the family members.

Accordingly, Siddaramaiah has to prove whether he has paid the tax if the expensive watch was a gift from a friend or “somebody” else. If it is within the family, he must have the bill. Spouse, brothers and sisters of one’s parents, one’s lineal descendants (including spouse) and lineal descendants (including spouses) of one’s spouse come in the bracket of family members according to the Income Tax Act.

Even if the gift is within the family, taxmen normally verify the source of money for the purchaser, official sources in the I-T department said.

JD(S) leader H D Kumaraswamy has been claiming that the chief minister’s watch was a diamond-studded Hublot costing a whopping Rs 60 lakh to Rs 70 lakh.

Besides, he charged that the chief minister’s sunglasses cost Rs 1.5 lakh and claimed that he had proof to substantiate his charges. But Siddaramaiah has been dismissing the charges as not true and offered to sell them to the JD(S) leader at Rs 5 lakh if he was ready to buy them.

Assets declaration

Besides, it is not clear whether Siddaramaiah has declared having received these expensive gifts in his affidavit of assets and liabilities before the Karnataka Lokayukta. Public servants have to file the affidavit every year according tothe Karnataka Lokayukta Act. And the chief minister has not revealed as to when he received the gifts. However, the details have not been made public.

More to come?

Sources in the JD(S) said the party would soon come out with more details as to when and who gifted the watch to Siddaramaiah.

According to rumours, along with the chief minister, two other politicians – a Cabinet minister and a confidant of Siddaramaiah – have also received similar watches from an industrialist.

The JD(S) had released a video clipping of Siddaramaiah sporting the watch when he visited former MP H?Vishwanath at a hospital in Mysuru.

According to party sources, Siddaramaiah visited the hospital about 8 to 10 months ago. But the watch he offered to auction was a gold watch and not the diamond-studded watch.

Enquiries made by this newspaper at the Chief Minister’s Office said Siddaramaiah neither remembered who gifted him the watch nor its price.

Comments

manav
 - 
Friday, 12 Feb 2016

After all this is blame komarswami came up with ? This father and sons party is biggest curs to the state they robbed billions of rupees ,,in so many ways they do not have any moral right to blame anyone

Krishma
 - 
Friday, 12 Feb 2016

beka costly watch, all our tax money eaten by siddaramaiah.

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News Network
May 7,2024

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The International Criminal Police Organization (Interpol) on Monday responded to Karnataka’s Special Investigation Team (SIT) regarding a blue corner notice issued against JDS MP Prajwal Revanna.

In its response, Interpol said that all 196 member countries were alerted to identify and report if Prajwal Revanna is spotted at any port in their jurisdiction.

The Karnataka government issued a Blue Corner Notice on Sunday against Prajwal Revanna, who is facing allegations of sexual abuse by his staff members.

A Blue Corner Notice is issued by the international police cooperation body to collect additional information from its member countries about a person’s identity, location or activities about a crime.

The notice was issued after the 33-year-old Hassan MP reportedly flew to Germany soon after the Karnataka State Commission for Women chairperson Nagalakshmi Chowdhary wrote to the CM to order a probe into the sexual allegations against Prajwal.

Last week, the anticipatory bail application of Prajwal Revanna was also denied by Justice Santosh Gajanana Bhat’s bench of People’s Representative Court in Bengaluru.

Earlier, his MLA father and son of former Prime Minster HD Deve Gowda, HD Revanna was remanded to Karnataka SIT custody in a kidnapping-related sex scandal case.

His arrest came after the kidnapped victim was rescued from Revanna’s close assistant Rajasekhar’s farmhouse in Kalenahalli, Hunsur Taluk after the SIT conducted the rescue operation to find her, the police said.

The abduction case was filed by the son of a woman who worked at the Revannas’ house for nearly five years. He alleged that his mother was kidnapped from her home on April 29 by Satish Babanna a relative of Revanna.

The Karnataka Sex Scandal case pertains to explicit video clips allegedly involving the 33-year-old Prajwal, grandson of JD(S) patriarch and former Prime Minister H D Deve Gowda, which went viral on social media.

Those videos began to make rounds in Hassan in recent days, following which the state government constituted a Special Investigation Team (SIT) to probe the sexual abuse allegations against the MP.

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News Network
May 11,2024

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Madikeri, May 11: Kodagu police have apprehended the man allegedly responsible for the brutal murder of a minor girl within the confines of Kumbaragadige village in Karnataka's Somwarpet taluk. 

Kodagu Superintendent of Police, K Ramarajan, disclosed that the arrested individual is Prakash (32) from Hammiyala village in Somwarpet taluk. However, authorities are still in the process of recovering the severed head of the victim. The perpetrator had absconded with the victim's severed head after committing the crime. 

Search operations for the suspect commenced late on Thursday night (May 9), with officials diligently pursuing leads. Acting on information suggesting the suspect's presence in a forested area near the village, the police swiftly moved in and apprehended him.

The victim US Meena, 15, a student of Surlabbi High School, had passed the SSLC examinations, the results of which were announced on May. One same day, she was murdered. 

Reportedly, the engagement of the minor girl with the suspect was thwarted by officials from the Women and Child Development department. Subsequently, officials persuaded the girl's parents against proceeding with the marriage. 

However, despite these interventions, the suspect forcibly entered her residence during the night, purportedly abducted her, and later perpetrated the heinous crime in a wooded area on the outskirts of the forest, before absconding with her severed head.

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News Network
May 12,2024

Mangaluru, May 12: In a shocking development, a group of pilgrims which had travelled from Mangaluru International Airport to Saudi Arabia earlier this month, to perform Umrah has alleged that 26,432 Saudi Riyals, which were kept in a bag, have been stolen. 

In a complaint submitted to the Bajpe Police, Soukath Banu, wife of Ahmed Iqbal of Ajyad Tours and Travels, said that her husband, Ahmed Iqbal, along with 35 members, planned and scheduled to perform the Umrah and were travelling from Mangaluru International Airport (MIA) via Mumbai to Jeddah. 

Soukath Banu had given Ahmed Iqbal 2,000 Saudi Riyals for performing Umrah and other expenses. The group members were also told to bring Saudi Riyals to meet their expenses.

In her plaint, Soukath stated that the group had left for Jeddah on an IndiGo flight via Mumbai, and their return ticket to India was booked for May 13. 

At the airport, she said that 26,432 Saudi Riyals were collected in total, and they decided to keep them in baggage that had a lock. Accordingly, it was kept in the bag of Mohammad Badruddin Kadambar. The airport staff had even questioned what he had kept in the bag. 

The group reached Jeddah on May 1. To their surprise, Kadambar found that the baggage lock was broken open, the zip was damaged, and cash was stolen upon reaching Jeddah.

DCP (Law and Order) Sidharth Goyal said that following the complaint, one round of CCTV checks was conducted at the MIA along with the CISF personnel. The loading at the MIA was intact.

Further checks have to be carried out at Mumbai and Jeddah Airport as the victim found out that cash was missing only when they got the bag at the final destination, he added.

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