https://www.taxtmi.com/news?id=73943 Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending. en-us Wed, 22 Jul 2026 21:16:04 +0530 Wed, 22 Jul 2026 21:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73943 Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending. News - Wed, 22 Jul 2026 21:16:04 +0530 https://www.taxtmi.com/news?id=73943