Ajit Pawar Gets Major Relief in Benami Case as Tribunal Clears Assets

Maharashtra Deputy Chief Minister Ajit Pawar received a significant relief just a day after taking the oath of office. The Benami Transactions Prohibition Appellate Tribunal dismissed allegations related to benami properties, providing clarity on the Income Tax Department's 2021 seizure of assets worth Rs 1,000 crore.

The seized properties included prominent holdings like the Nirmal Tower in Mumbai’s Nariman Point, a sugar factory in Satara, a flat in Delhi, and a resort in Goa. The Income Tax Department had previously alleged that Pawar and his family were beneficiaries of these assets and filed a case under the Prohibition of Benami Property Transactions Act.

Responding to the allegations, Ajit Pawar stated that all entities linked to him had been paying taxes in compliance with legal requirements. He emphasized his commitment to financial discipline since his tenure as Finance Minister and assured that his assets were lawfully acquired and tax-compliant.

This decision by the tribunal has come as a significant reprieve for Pawar and his family amid the ongoing political developments in Maharashtra.