India

Income Tax Department conducts searches in Bengaluru

The Income Tax Department performed search and seizure operation on 17.02.2021 on 09 main Trusts registered in Bengaluru and Mangaluru, that are working instructional institutes together with medical faculties. Searches have been performed at 56 totally different areas throughout Karnataka and Kerala. 

During the course of the search and seizure operation it was discovered that the clear choice course of to Medical faculties via NEET has been subverted by Trustees and key individuals working these Medical Colleges in collusion with brokers/brokers and a few college students who bought excessive ranks in NEET Examination. The first stage of malpractice is that some excessive rating college students in NEET examination take admission to MBBS programs via state counseling (who don’t have any intention to affix the mentioned faculties as they’ve secured admissions or more likely to get admission elsewhere), thereby blocking seats in the medical stream in a Medical school throughout Karnataka Examinations Authority (KEA) counseling course of, in connivance with Agents/ Middlemen/Converters (who present service of changing the common seats to Management seats). Subsequently, these college students withdraw from the admission course of thereby making the vacant seats out there for the school administration. Such seats are made out there to the school administration for filling up via the ‘Stray Vacancies Round’ (seats remaining vacant or unfilled in a university after mop-up spherical). In this Round, the seats are crammed by the school administration by admitting much less meritorious candidates (Low rank in NEET) after gathering large sums as capitation charge/donations in money that are unlawful underneath the Karnataka Educational Institutions (Prohibition of Capitation Fee) Act, 1984. The capitation charge/ Donations are collected via a community of brokers/ brokers employed by the important thing individuals/Trustees of those medical faculties.

The search operation has resulted in detecting incriminating proof concerning cash-for-seat malpractices for admission to MBBS, BDS and Post Graduate seats in the type of notebooks, hand written diaries, excel sheets containing the small print of money obtained from college students/brokers for admission in these faculties for numerous years. It was additionally noticed that the administration, college, workers, meritorious college students and brokers are working in shut nexus to control the web admission course of. Also, there may be proof indicating that one of many medical faculties have some type of ‘package deal association’ for passing administration quota college students in written examination and viva voce for fastened sum starting from Rs 1 lakh to Rs 2 lakh. 

Further, there may be proof which prima facie means that the money cash accepted by manipulating the web admission course of in these faculties has been diverted for non-charitable function by the Trustees which is clearly in violation of Sec 12AA of the Income-tax Act, 1961. Apart from this, proof has been discovered concerning giant variety of investments made in immovable properties with large money element attracting provisions of part 69 of the Income-tax Act, 1961. One of the universities has diversified into the enterprise of timber/plywood industries the place proof concerning underneath invoicing has additionally been discovered.  

So far, the proof gathered signifies that Rs 402.78 crore has been accepted as unlawful capitation charges by manipulating the web admission course of and the identical has not been disclosed to the Income Tax Department. Searches have resulted in seizure of money amounting to Rs 15.09 crore. Gold Jewellery of 81 Kg (valued at Rs 30 crore), 50 carat diamonds and 40 kg of silver articles have been discovered from the residential premises of the trustees and are prime facie, unexplained. Evidence of undisclosed international property of Rs 2.39 crore in Ghana has additionally been discovered other than proof of big investments in 35 Luxury vehicles in benami names.

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