Income Tax raid on Karnataka CM’s chartered accountant raises eyebrows

News Network
August 24, 2018

Bengaluru, Aug 24: The Directorate of Income Tax (Investigation), Karnataka & Goa have raided the premises of senior chartered accountant H B. Sunil in the city.

Sunil reportedly handles the accounts of Chief Minister H D Kumaraswamy, his family members and many other ministers in the state.

Official sources denied media reports that the Income Tax raids at Sunil’s office had to do with Mr Kumaraswamy and said that the chartered accountant’s premises were searched on Tuesday as part of the I-T department’s “ongoing” search and seizure operations at a multinational property developer in Bengaluru.

“The I-T raid at Sunil’s office is in connection with the ongoing operations at the multinational company (property developer) group, which has 45 premises in India out of which 35 are in Bengaluru. The group has its premises in Mumbai, Delhi, Chennai and Hyderabad as well.

It is a coincidence that Sunil is the CA of Mr Kumaraswamy. The raids have nothing to do with the Chief Minister. There’s no politics behind the tax operations,” sources said. There is no further information on the nature and extent seizure at Sunil’s premises.

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