I-T dept ‘surveys’ Newsclick, Newslaundry in tax case
New Delhi:11.09.2021
The Income Tax department on Friday conducted separate “survey operations” at the premises of online news portals Newsclick and Newslaundry here, officials said.
The operations are being conducted to verify certain tax payment details and remittances made by the organisations, they said. Some documents have been found and these are being studied, the officials said.
In a survey operation, which is carried out under provisions of section 133A of the Income Tax Act, 1961, tax officials cover only the business premises of an assessee and those linked to it and not their residential addresses. However, tax authorities can seize documents. There was no immediate reaction from the two portals or their promoters.
Newsclick and its founders were raided by the Enforcement Directorate (ED) in February under provisions of the Prevention of Money Laundering Act and that investigation is linked to alleged dubious foreign funding received by its registered company, which runs the news portal.
The money laundering case arises out of a Delhi Police FIR alleging that PPK Newsclick Studio Pvt Ltd received foreign direct investment (FDI) of Rs 9.59 crore from Worldwide Media Holdings LLC USA during the 2018-19 financial year. AGENCIES
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