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IT raids KKR,CSK & WSG offices

IT raids KKR,CSK & WSG offices

Income Tax officials conducted search operations at the offices of the Bengal Cricket Association and Shah Rukh Khan’s Kolkata Knight Riders till the early hours of Thursday in Kolkata and the IT officials claimed to have found “incriminating evidence” of irregularities.

The focus of the IT sleuths of the Directorate of Income Tax Investigation was to probe into the Indian Premier League (IPL) franchises was the legality of money transfers from tax havens abroad, primarily Mauritius and Cayman Islands.

This apart, officials of the Directorate of Enforcement were probing the legitimacy of transactions between the franchise and the state’s cricket board.

Searches at both the board’s office at the Eden Gardens stadium and the premises of Kolkata Knight Riders and its parent Red Chillies Entertainment of actor Shah Rukh Khan at ITC Sonar Bangla and Shakespeare Sarani began at 3 p.m. Wednesday.

The IT sleuths also raided the offices of World Sports Group (WSG) and Chennai Super Kings (CSK).

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