Priyanka Gandhi's husband hid his earnings of Rs 106 crore, IT tightened its grip on Robert Vadra
Priyanka Gandhi's husband hid his earnings of Rs 106 crore, IT tightened its grip on Robert Vadra
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New Delhi: The Income Tax Department has made a big allegation against businessman Robert Vadra, son-in-law of Congress interim president Sonia Gandhi and husband of party's national general secretary Priyanka Gandhi Vadra, that Vadra spent Rs 106 crore on his income from benami transactions in Rajasthan for 11 years. Tell me less According to the report, it has now been proposed to add this amount to their income during the stipulated year 2010-11 to 2020-21. Simultaneously, the Income Tax Department has also proposed to add around Rs 9 crore to the income of seven Vadra companies for the assessment years 2010-11 to 2015-16.

The names of these seven companies are M/s Artex, Skylight Hospitality, Skylight Realty, Bluebridge Trading, Lambodar Arts, North Bharat IT Park and Real Earth. According to the report, the low-income information case against Vadra pertains to alleged theft in land deals in Rajasthan, which comes under the Benami Transactions (Prohibition) Act. The department had also conveyed its findings to the enforcement in December 2021 in this regard in respect of income of Rs 106 crore and short income of Rs 9 crore of their seven companies. In this regard, Robert Vadra says that he has, 'The reason for this is the same, which has been there in the last several years… This is the right time for him to bring my name to the fore. This is clearly malicious revenge.

My legal team will give a clear answer to you guys regarding this. Let us tell you that the department claims that almost half of the income of Rs 106 crore, which Vadra had hidden, was earned in just two years. Vadra concealed income of Rs 20 crore in 2013-14 and Rs 28 crore in 2019-20. Now sources in this matter say that Vadra and his companies will have an opportunity to challenge the Income Tax investigation for alleged under-reporting of income. Explain that under section 270A of the IT Act 1961, a penalty of 50 per cent can be imposed on the tax payable for evasion of income tax or for under-reporting of income. Along with this, if the information of low income is disclosed due to wrong information, then the penalty can also be 200 percent of the tax payable.

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