Oh No! Income Tax Department claims Sonu Sood evaded tax worth over Rs 20 crore

MUMBAI: Lockdown hero and bollywood actor Sonu Sood is facing major allegations by the Income Tax Department. According to a report by NDTV, the Income Tax Department, has said the actor and his pals have evaded Rs 20 crore of taxes. 

Earlier, The actor's house and various premises were surveyed by the Income Tax Officials. As per NDTV, the tax department has found incriminating evidence related to tax evasion from the actors premises. The report stated, “The main modus operandi followed by the actor had been to route his unaccounted income in the form of bogus unsecured loans from many bogus entities. 

Also Read: SHOCKING! Sonu Sood's Mumbai office and five other linked locations to be SURVEYED by Income Tax Department

The statement also informed, “There have been instances where professional receipts have been camouflaged as loans in the books of accounts for the purpose of evasion of tax. It has also been revealed that these bogus loans have been used for making investments and acquiring properties. The total amount of tax evaded unearthed so far, amounts to more than ₹ 20 crore,"

Sonu's Mumbai offices and a Lucknow-based real estate brokerage were searched by the I-T department. A land deal between Sonu's firm and the real estate agency was said to be under investigation.

Also Read: Shocking! This is why Income Tax Department surveyed Sonu Sood’s house

According to a tweet by ANI, unaccounted income has been found out in the form of bogus unsecured loans from many bogus entities.

I-T Dept conducted a search & seizure op at various premises of a prominent actor in Mumbai & also a Lucknow-based group of industries engaged in infrastructure development. 28 premises in Mumbai, Lucknow, Kanpur, Jaipur, Delhi, Gurugram covered: Central Board of Direct Taxes

— ANI (@ANI) September 18, 2021

During the course of search at the premises of the actor &his associates, incriminating evidence pertaining to tax evasion found. The main modus operandi followed by the actor had been to route his unaccounted income in form of bogus unsecured loans from many bogus entities: CBDT

— ANI (@ANI) September 18, 2021

The actor was constantly making headlines in the Covid -19 pandemic due to his philanthropic activities.

CREDIT: Filmibeat