Sonu Sood Evaded Twenty Crore Income Tax?

Sonu Sood Evaded Twenty Crore Income Tax?

Leading actor Sonu Sood has evaded more than Rs 20 crore in income tax, according to a statement issued by the Income Tax Department on Saturday. Sonu Sood had collected Rs 2.1 crore from foreign donors using the crowdfunding platform in violation of the Foreign Contribution Regulation Act, Income Tax officials said. 

A search of the residences of Sonu Sood and his associates turned up evidence of income tax evasion. Officials said the accounts were concealed as loans in books for tax evasion. IT officials said several documents related to tax evasion were found during the three-day raids on Sonu Sood’s house and his offices.

The Sood Charity Foundation has collected Rs 18 crore in donations till April this year, of which Rs 1.9 crore was spent on relief work. It was revealed that the remaining Rs 17 crore was kept in the bank account of the non-profit company. Income tax officials are looking into the deal between Sonu Sood Company and a Lucknow real estate firm. The IT department suspects that Sonu Sood evaded taxes in the deal.