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The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and also a Lucknow based group of industries engaged in infrastructure development. Total 28 premises spread over Mumbai, Lucknow, Kanpur, Jaipur, Delhi, and Gurgaon have been covere
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FAQ :
The Income Tax Department has unearthed tax evasion amounting to more than Rs 20 crore.
The actor allegedly routed unaccounted income through bogus unsecured loans from various shell entities.
Search operations were conducted at 28 premises spread across Mumbai, Lucknow, Kanpur, Jaipur, Delhi, and Gurgaon.
Irregularities were also found in a joint real estate project with an infrastructure group, including bogus billing and siphoning of funds.
The Foundation collected Rs 18.94 crore in donations, spent Rs 1.9 crore, with Rs 17 crore unutilised. It also raised Rs 2.1 crore from overseas donors in violation of FCRA regulations.
Cash of Rs 1.8 crore has been seized and 11 lockers have been placed under prohibitory order. The search operation is ongoing.
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