Sonu reveals the truth behind allegations of tax dues

Bollywood actor Sonu Sood has been mired in controversy, since winning over the nation for his philanthropic deeds during the covid-19 pandemic.
The actor found himself in the eye of another storm when the Income Tax Department swooped down on him and his business associates alleging tax evasion to the tune of Rs 20 crore. When asked if there was any truth to the allegations, the actor rubbished it saying he is a ‘law-abiding citizen’.
While stating that he cannot reveal much about the same as it is currently under investigation, he did mention that he complied with all the questions put forth by the officials and even gave them the required papers.

“Whatever the officials needed, we have given them all. And in future too, whatever documents they need, I will provide. I totally respect the system of our country, I am a law-abiding citizen and I will make sure anything that’ required from me, is provided even in the middle of the night,” Sood said in a statement to Hindustan Times.

The actor also made headlines on Monday, when he issued a statement on his official social media handle that read, “You don’t always have to tell your side of the story. Time will…”

News broke over the weekend that the IT Department pointed the needle of suspicion at alleged tax evasion of around Rs 20 crore by him and other questionable deals with his business partners pegged at another Rs 240 crore.

The department’s list of questionable actions on the part of the actor mentioned unutilised funds in the Sood Charity Foundation, fake contracts and circular transactions with his business partners-companies, diversion of funds through ‘bogus accommodation entries’ to evade taxes, and re-routing them back for making financial investments or buying property.

Credit Source – https://ift.tt/39lZDtT

The post Sonu reveals the truth behind allegations of tax dues appeared first on Stay in Gurgaon.

Comments

Popular posts from this blog

Flat sale of flu drugs hints at no unusual rise in infections

10YearsForSimha: Reasons behind film’s success

Hrithik-Saif’s Vikram Vedha hits a roadblock