The action by the Income Tax department has come after Jadhav was pulled up by his own party chief Sharad Pawar.
The decision to re-induct Pawar in the cabinet comes days after the White Paper on the irrigation scam in the state was tabled.
Maharashtra Chief Minister Prithviraj Chavan has said that the post of Deputy Chief Minister will remain vacant for the time being.
This comes a day after NCP chief Sharad Pawar accepted his nephew Ajit Pawar's resignation and denied any rift with him.
Maharashtra Chief Minister Prithviraj Chavan is likely to accept Ajit Pawar's resignation after the NCP meeting on Friday.
Prithviraj Chavan baiters Narayan Rane and Ashok Chavan did not attend the meet to discuss Maharashtra's political situation.
NCP chief Sharad Pawar told the IBN Network that Ajit Pawar took the decision of resigning after speaking to him.
CNN-IBN has accessed letters that show that BJP President Nitin Gadkari's aide Ajay Sancheti got licences against the rules.
Prithviraj Chavan will meet Congress MLAs on Thursday to discuss the political situation in Maharashtra.
However, Congress sources say that there is no question of calling back Maharashtra Chief Minister Prithviraj Chavan.
NCP leader Praful Patel also backed Ajit Pawar, saying that he will come clean in the irrigation scam and will take charge again.
Ajit Pawar's resignation may be a pressure tactic to ensure that the Maharashtra Chief Minister doesn't use the irrigation scam to embarrass him.
The NCP is expected to pass a resolution authorising its chief Sharad Pawar to decide the future course after Ajit Pawar resigned.
Maharashtra Chief Minister Prithviraj Chavan refused to accept Ajit Pawar's resignation right away.
The deal came after resolving of differences between BJP and Shiv Sena.