In the latest development, the income department stormed several popular actors in Mumbai as part of their search and seizure operations.
According to reports, actors may be Sonu Sood and RAID quickly found some burdensome evidence regarding tax avoidance.
After the initial investigation, the tax center board was immediately reported convinced that the actor routed countless revenues as unsecured loans from many false organizations.
The total number of tax avoidance is said to be more than Rs 20 Crore.
I-T Dept.
conducted search & seizure operations in various leading actors in Mumbai & also based Lucknow …
https://t.co/ohc6x2amax— Ani (@ani) 1631945818000
During the search in the place of actor & his colleagues, burdensome evidence related to tax …
https://t.co/PuhBosNRFG— Ani (@ani) 1631945869000
The total amount of tax avoided so far, amounted to more than RS 20 Crore: Central Tax Council (CBDT) & Mdam; Ani (@ani) 1631945925000 according to the report, RAID IT was carried out for three consecutive days to explore substantial evidence of tax evasion.
The non-profit of the actor allegedly managed 2.1 crores funded by donors outside India violated the foreign contribution (regulation) that made tabs on this transaction.
Read also Arrange Financial Deviations Rs 250 CR by Sonu Sood
In accordance with the IT department claiming Sonu Sood whose social work for families affected by Covid-19 received appreciation from all angles, with a non-profit organization in the midst of the Covid’s first wave obtained by more than 18 crore donations until April.
Among these, 1.9 crores were spent on assistance work and the remaining 17 crore remained not used in a non-profit bank account.