'Return the rest of the money after deducting tax..', 'Dhankuber' Piyush Jain of Kanpur reached the court"

Lucknow: Piyush Jain, who was arrested in the case of hundreds of crores of black money in Kanpur, Uttar Pradesh, has now approached the court. He has appealed in the court that tax of Rs 52 crore including tax evasion and penalty should be levied and after that the remaining money should be returned to him. Piyush Jain says that the Directorate General of GST Intelligence (DGGI) should refund the remaining amount after deducting Rs 52 crore. At the same time, Piyush Jain has been sent to Kanpur jail in judicial custody for 14 days and the team of GST is interrogating him.

Actually, last week in Kanpur and Kannauj, the DGGI team had recovered crores of rupees in cash. The team had recovered this money from perfume trader Piyush Jain. After which this matter came in the discussion and later the team of GST arrested Piyush Jain. At the same time, Piyush Jain has reached the court and he has petitioned that after deducting tax from his confiscated money, he should be returned his due money. According to media reports, DGGI's lawyer Ambareesh Tandon has informed on Wednesday that the cash recovered from his house is of tax evasion and the seized amount has been deposited in 42 boxes and deposited in the bank.

He told that Rs 177 crore 45 lakh has been received in Kanpur, which has been deposited in SBI twice and for the first time Rs 109 crore 34 lakh 74 thousand 240 has been deposited in the bank in 25 boxes, while in the second time 17 boxes have been deposited. In this, an amount of 68 crore 10 lakh 27 thousand has been deposited in SBI.

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