On September 26, the Income Tax department conducted a series of raids on properties owned by Basant Khetan, the owner of Kaziranga University, a renowned institution in Assam
These raids covered multiple locations, including his residence, office, and affiliated company premises situated in three significant areas: Guwahati, Joypur, and Jorhat.
Who is Basant Kumar Khetan owner of Kaziranga University, biography and companies
Notable dignitaries such as Shri Basant Khetan, Pro Chancellor of Assam Kaziranga University, Shri Dipak Kumar, Regional Director of NSS Guwahati, and Dr. PK Mishra, Vice Chancellor of Kaziranga University, also attended the event.#KazirangaUniversity #Assam #KU #NSSCamp pic.twitter.com/2mjT5nNtuf
— Kaziranga University (@KazirangaUniv) June 14, 2023
A team consisting of ten members from the Income Tax department carried out these operations, scrutinizing financial records and various documents at the designated sites. Interestingly, it was revealed during the raid that Basant Khetan was not present in India; he was In Italy at the time.
While these raids were being conducted, the Income Tax department has maintained complete silence regarding the purpose of the investigation. Officials have refrained from disclosing any specific information to the media.
Who’s Basant Khetan
As per the information found on a website named company check, Basant Khetan is registered as a director with Neccon Power & Infra Limited.
He is an Indian residing in Jorhat, Assam, India. Currently, Basant Khetan is associated with nine companies and holds directorship positions in various organizations, including Rungajaun Tea & Plantation Industries Pvt Ltd, North Eastern Energy Resources Limited, Neccon Power & Infra Limited, Lower Seijusa Hydel Power Company Private Limited, Brahmaputra Infra Power Private Limited, Vsg Trade Pvt Ltd, Toor Finance Company Limited, Topline Finvest Pvt Ltd, and North Eastern Skills Ventures Private Limited.
The total paid-up capital across all these companies in which Basant Kumar Khetan holds active positions amounts to ₹453,679,400.00.
Additionally, the official website of Neccon Power describes Mr. Basant Kumar Khetan as the Joint Managing Director of the company, highlighting his dynamic entrepreneurial spirit, early involvement in the family business, and significant contributions to the company’s success.
Mr. Khetan boasts 30 years of experience in the manufacturing of high-tension/low-tension line materials, cables, and conductors, including 12 years of expertise in turnkey projects. He actively oversees the day-to-day operations of the company.
Meanwhile, the official website of the Kaziranga University still displays the name of their board of management such as:
Shri Basant Kumar Khetan – Pro-Chancellor.
Dr. P.K. Mishra – Vice-Chancellor and President.
Ms. Rainy Khetan – Director.
Shri Pradeep Khetan – Industrialist.
Shri Prakash Khetan – Industrialist.
Dr. Bimal Barah – Principal.
Dr. Ritunjoy Bhuyan – Dean, COE.
ALSO READ: Who is IIT Guwahati Prof Chandan Mahanta, cause of death, biography, age, education, career