797 of Andhra’s poorest own Rs 220cr plots - Mobile infarmeshan

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Wednesday, January 22, 2020

797 of Andhra’s poorest own Rs 220cr plots

According to an investigation by CID, 797 white ration card-holders, each with a monthly income of less than Rs 5,000, bought lands worth Rs 220 crore in Amaravati in 2014 and 2015. The state CID has now written to the Income Tax department and Enforcement Directorate asking for an investigation into possible tax evasion and money laundering in the deals.

from Hyderabad News: Latest Hyderabad News, Telangana news Headlines & Live Updates - Times of India https://ift.tt/2Rgc1mT

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