On Saturday 18th September 2021, the Income Tax Department said that Bollywood Actor Sonu Sood has evaded tax of Rs 20 Crore and also accused him of violating the Foreign Contribution Regulation Act (FCRA) while raising donations from abroad.
The Department had launched searches against the 48-year-old and the Lucknow based group of industries involved in infrastructure on September 15 and said that the action is continuing.
- During the course of search at the premises of the actor and his associates, incriminating evidence pertaining to tax evasion has been found.
- The main modus operandi followed by the actor has been to route his unaccounted income in the form of bogus unsecured loans from many bogus entities, said the Central Board of Direct Taxes (CBDT) in their official statement.
As per reports, so far, use of around 20 such enteries have been found.
- They have accepted to have issued cheques in lieu of cash. There have been instances where professional receipts have been camouflaged as loans in the books of accounts for the purpose of evasion of tax.
- The total amount of tax evaded unearthed so far, amounts to more than Rs 20 Crore.
A total of 28 premises in Mumbai, Lucknow, Kanpur, Jaipur, Dehli and Gurgaon are being covered as a part of their search operation.
Sonu Sood had been in the spotlight last year for his noble work in helping people in various ways during the COVID-19 pandemic.
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