The Income Tax Department on Thursday, October 10, raided the premises of news website ‘The Quint’ and its promoter Raghav Bahl in connection with a case of alleged tax evasion, officials said.
They said a team of sleuths raided the residence of Bahl in neighbouring Noida early morning and are looking for documents and other evidence related to the case under probe.
It is understood that the searches are being conducted at the premises of a few other people as part of the ITD action to probe tax evasion by a set of business professionals.
Raghav Bahl is the founder of the Quint news portal and the Network18 group and is a known media entrepreneur.
Meanwhile, Raghav Bahl has issued an statement which reads:
“I have a matter of great concern to share with the Guild. While I was in Mumbai this morning, dozens of IT officials descended on my residence and The Quint’s office for a “survey”. We are a fully tax compliant entity, and will provide all access to all appropriate financial documents. However, I have just spoken to the officer on my premises, one Mr Yadav, and requested him, strongly, to not try and pick up or see any other mail/document which is likely to contain very serious/sensitive journalistic material. If they do that, then we shall seek extremely strong recourse. I do hope the Editors Guild will back us on this, and thereby set a precedent for any such exercise that may happen on any other journalistic entity in the future. They should also not misuse their smartphones to take unauthorised copies of this material. I am now on my way back to Delhi.”
With inputs from PTI