Cafe Coffee Day raids: Income tax dept detects Rs 650 cr concealed income

The Income Tax Department raids on Cafe Coffee Day(CCD) retail chain since Thursday found Rs 650 crore concealed income from the documents seized, said an official on Sunday.

“Documents seized from the search operations at 25 places of Cafe Coffee Day and its group companies in Karnataka, Mumbai and Chennai have revealed concealed income of over Rs 650 crore,” a senior tax official told IANS here.The search and seize operations, which began on September 21, concluded on Sunday evening in the offices of the group involved in coffee, tourism, IT and other areas.

“The searches concluded with the group’s officials admitting to concealed income exceeding Rs 650 crore and the detection of undisclosed income, which is expected to be a much higher figure,” said another tax official in an e-mail to IANS.

The offices and residence of CCD’s founder-owner read more

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Ghatkopar building collapse: NDRF saves 11 people trapped under rubble

“Please cut my hands but pull me out of the debris,” implored Pragya Jadeja in a frail voice when she spotted the National Disaster Response Force (NDRF) jawan looking out for survivors after the collapse of a residential building in suburban Ghatkopar on Wednesday.
Mere dono haath kaat do bhaiyamujhe jaldi bahar nikaalo… Nahi to main mar jaungi (cut my both the hands but please pull me out quickly otherwise I am going to die),” the 50-year-old said in a voice filled with pain and helplessness.
Jadeja was one of the 11 survivors pulled out from under the rubble of the four-storey Siddhi Sai Cooperative Housing Society which collapsed last morning, killing 17 people.
Narrating his experience, constable Santosh Jadhav said, “We could hardly peep in to find that Jadeja’s both the hands were partially crushed between two big fallen walls. But we comforted her, cut the huge RCC structure, and finally pulled her out safe.”
Similarly, a 20-year-old woman was pulled out alive from under the mound by the rescuers who reached her after hearing her READ MORE