In Delhi, Noida, and Greater Noida, searches are being conducted at the business premises of ACE Group and its promoter Ajay Chaudhary. Chaudhary is said to be close to the Samajwadi Party (SP).
The Income Tax Department also searched the properties of a well-known perfume businessman linked to the SP, Pushpraj Jain alias “Pampi,” and another perfumer, Fauzan Malik.
Ajay Chaudhary, ace group’s promoter, is being searched at several locations including Delhi, Noida and Greater Noida, sources told ET.
According to an Income Tax official, searches are also being conducted at the premises of shoe companies in Agra.
Chandhary is said to be close to the Samajwadi Party (SP). There has been an unfortunate political blame game between the ruling BJP and opposition SP as a result of searches by the Income Tax department and GST authorities at premises of several businessmen ahead of Uttar Pradesh assembly polls.
GST authorities searched the Kanpur and Kannauj premises of perfume trader Peeyush Jain last month. The search at Kannauj’s Odochem Industries – a manufacturer of perfumery compounds – and its proprietor Peeyush Jain allegedly recovered Rs 197.49 crore in cash, 23 kg of gold, and some offending goods of high value.
Furthermore, the Income Tax department searched the premises of a leading perfume businessman with ties to the SP, Pushpraj Jain alias ‘Pampi’, and another perfumer, Fauzan Malik.