Bengaluru, Feb 19: The Income Tax Department has detected an alleged cash-for-seat scam running in some Karnataka-based medical colleges, as the CBDT said over Rs 400 crore black money has been generated in the name of capitation fee by these institutions.
The Income Tax Department has detected an alleged cash-for-seat scam running in some Karnataka-based medical colleges, as the CBDT said over Rs 400 crore blackmoney has been generated in the name of capitation fee by these institutions.
Income Tax Department conducts searches in Bengaluru
The capitation fee/ Donations are collected through a network of brokers/ agents employed by the key persons/Trustees of these medical colleges. (Image Source: File Photo)
Updated: Feb 18, 2021, 09:56 PM IST
The Income Tax Department conducted search and seizure operation on 17.02.2021 on 09 major Trusts registered in Bengaluru and Mangaluru, which are running educational institutes including medical colleges. Searches were conducted at 56 different locations across Karnataka and Kerala.
During the course of the search and seizure operation it was found that the transparent selection process to Medical colleges through NEET has been subverted by Trustees and key persons running these Medical Colleges in collusion with agents/brokers and some students who got high ranks in NEET Examination. The first stage of malpractice is that some high ranking students in NEET examination take admission to MBB
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