Firms Probed by I-T Dept Not Ours: Purti Group

The Purti group today said that some of the companies about which the Income Tax department carried out on-field inquiries in Mumbai today are not part of its family but have made investments in the firm.

The department had launched on-field inquiries at around nine locations in Mumbai belonging to alleged shell companies related to Purti group with which BJP President Nitin Gadkari was associated, a day before he seeks a second straight term as party chief.

"Today Income Tax department has done survey on various companies in Mumbai. These companies are being referred as part of Purti group is factually wrong.

"As alleged, these companies are not part of Purti group. These companies have invested in some companies of Purti group. Purti group has nothing to do with the actions of the I-T department," Managing Director of Purti Power and Sugar Limited (PPSL) Sudhir Dive said in a statement.

Emerging story. Watch this space for updates as more details come in
Read More In:

Follow us on Twitter for all updates, like us on Facebook for important and fun stuff
Translate into:
© Copyright PTI. All rights reserved. Republication or redistribution of any PTI content, including by framing or similar means, is expressly prohibited without their prior written consent.

Post a Comment
Share your thoughts
You are not logged in, please log in or register
Must See
Daily Mail
Order by

Order by


OUTLOOK TOPICS:    a b c d e f g h i j k l m n o p q r s t u v w x y z  0 1 2 3 4 5 6 7 8 9   
Or just type in a few initial letters of a topic: