News Income Tax survey on media baron Raghav Bahl

[Technoglitch]

Officers of the Income Tax department visited the offices of Quintillion Media Pvt Ltd in Noida, which runs the website The Quint and is owned by the media baron Raghav Bahl. Bahl’s house is also being searched by officers.

A statement put out by Raghav Bahl, said: "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 EG 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. Warm regards. Raghav."

Income Tax survey on media baron Raghav Bahl and his company Quintillion Media | The News Minute

 

[Aviral Sangal]

That was bound to happen. He is the one who questioned FM on the decision of OMCs taking hit of Rs1 on every Litre of petrol or Diesel sold.
Market cap of OMCs has come down by 1.1L crore rupees after the decision of Rs1. Govt has about 60% stake in OMCs so govt lost almost 60k crore in the valuation and public lost 50k crore.
Govt loss due to Rs 1/L over a period of 6 months will be around 10k crore. So this is how govt economics works

 

[Technoglitch]

IT raid is the weapon to silence the oppressor, it seems to be.

 

[Aviral Sangal]

Obviously, who ever will raise their voice against the govt, they will be called anti-national or be falsely implicated by govt machinery.

 

[DashMajor]

I hope he comes clean if he's.

 

[Technoglitch]

He might or may not be but the fishy about is IT Raid on whoever speaks bad about govt.

 

[DashMajor]

It's a foolishness to speak against Govt. if they are innocent and raids are conspiracy. Hopefully his "The Quint!!" remains voice of voiceless rather then voice of "who can't speak properly."

 

[Technoglitch]

what's the foolishness to speak against govt if it does a bad thing? are we living in a democratic or monarchy?

 

[Technoglitch]

It's a foolishness to speak against Govt. if they are innocent and raids are conspiracy. Hopefully his "The Quint!!" remains voice of voiceless rather then voice of "who can't speak properly."

it remains the voice of suppressed.

 

[Technoglitch]

Raids on The Quint: So-Called “Bogus” LTCGs Were Filed, Assessed