
I-T Department detects irregularities involving over ₹1,000 crore
The Hindu
Two operations conducted against prominent group engaged in manufacturing steel products and business house into textiles and filament yarn
The Income-Tax Department has detected financial irregularities involving more than ₹1,000 crore in two separate operations conducted against a prominent group engaged in manufacturing steel products and a business house into textiles and filament yarn. Searches were conducted in West Bengal, Delhi and Punjab.
In the first case, on September 17, the department initiated a search-and-seizure exercise at 25 locations in Kolkata, Durgapur, Asansol and Purulia and other places in West Bengal, linked to the company dealing in steel products.

Former CM B.S. Yediyurappa had challenged the first information report registered on March 14, 2024, on the alleged incident that occurred on February 2, 2024, the chargesheet filed by the Criminal Investigation Department (CID), and the February 28, 2025, order of taking cognisance of offences afresh by the trial court.