I-T searches on Cong. leaders’ institutions
Department recovers around ₹5 crore
11/10/2019, STAFF REPORTER
Searches were conducted on G. Parameshwara’s residence in Bengaluru on Thursday. Bhagya Prakash K.
The Income Tax Department on Thursday conducted searches on two groups of educational institutions connected to former Karnataka Deputy Chief Minister G. Parameshwara and former Minister R.L. Jalappa. This comes amidst allegations that Central agencies are targeting Opposition leaders.
The searches relate to the capitation fee these institutions allegedly collected in cash for what is termed “medical seat blocking scam” during the National Eligibility-cum-Entrance Test counselling for undergraduate medical course for 2019-2020, sources in the department said. The department recovered around ₹5 crore from those covered in the search.
The searches are expected to continue on Friday.
The modus operandi of the alleged scam, say I-T sources, involves meritorious candidates, who have already got government seats, taking up a seat in the national counselling for deemed universities as well, essentially blocking them. Later they give it up, effectively making these management quota seats. These are later sold for a high capitation fee, often taken in cash and by the trustees of the institute in their personal capacity, sources claimed.
Department recovers around ₹5 crore
11/10/2019, STAFF REPORTER
Searches were conducted on G. Parameshwara’s residence in Bengaluru on Thursday. Bhagya Prakash K.
The Income Tax Department on Thursday conducted searches on two groups of educational institutions connected to former Karnataka Deputy Chief Minister G. Parameshwara and former Minister R.L. Jalappa. This comes amidst allegations that Central agencies are targeting Opposition leaders.
The searches relate to the capitation fee these institutions allegedly collected in cash for what is termed “medical seat blocking scam” during the National Eligibility-cum-Entrance Test counselling for undergraduate medical course for 2019-2020, sources in the department said. The department recovered around ₹5 crore from those covered in the search.
The searches are expected to continue on Friday.
The modus operandi of the alleged scam, say I-T sources, involves meritorious candidates, who have already got government seats, taking up a seat in the national counselling for deemed universities as well, essentially blocking them. Later they give it up, effectively making these management quota seats. These are later sold for a high capitation fee, often taken in cash and by the trustees of the institute in their personal capacity, sources claimed.
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