The income tax raid at the house of Shiromani Akali Dal leader Vipan Sood Kaka in Ludhiana continues for the second day. The team is checking the documents related to their property here. The IT team has also taken possession of all the records.
The Income Tax on Tuesday morning started raids on Vipul World, a major company linked to the real estate industry and its offices located in Panchkula and other states. These include Vipan Sood locations in Model Village.
Kaka is the Lok Sabha candidate of Akali Dal from Ludhiana seat
The big thing is that this time Akali Dal supremo Sukhbir Singh Badal has announced to field Vipan Sood Kaka in the Lok Sabha elections from Ludhiana. Kaka’s Vipul World is also linked with real estate company. Due to this, the team has reached its location in Ludhiana.
The whole matter is related to assets in excess of income and the information of large-scale concealment of black money coming from the real estate industry has reached the department.
Many property dealers on the radar
The Income Tax Department has seized several documents related to Vipan Sood Kaka’s business. Along with this, the problems of their property partners have also increased. Many businessmen are on the income tax radar.