Delhi lawyer declares unaccounted wealth over Rs 125 crores to IT department
A lawyer practising in the Delhi High Court and Supreme Court has sent ripples through the capital’s legal circles by declaring unaccounted income of over Rs 125 crore. The lawyer made the stunning declaration as sleuths of the income tax department searched his south Delhi residence, taking them by surprise.
The lawyer, who first came to the limelight when he bought a bungalow in central Delhi for Rs 100 crore, is reputed to be well networked in legal circles. Sources in the I-T department said their search threw up documents about several other properties of the lawyer, besides his investments allegedly in shell companies.
The “search” on the lawyer coincides with a larger I-T drive against “consultants”, “lobbyists” and others with a reputation for getting things done.
The operation has focused on those engaged with sectors such as aviation, infrastructure and defence and departments like I-T and customs.
