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20 Sep, 21
20 Sep, 21

Sonu Sood releases statement on tax evasion allegation

The Bollywood actor speaks out after his offices and property were raided by the Income Tax Department.

By Qrius

WikimediaWikimedia Commons

Actor Sonu Sood took to social media after the Central Board Of Taxes alleged the actor was guilty of tax evasion to the tune of 20 crores.

The Income Tax Department raided him and a Lucknow-based infrastructure group he is allegedly linked to, after it was reportedly found, according to the governmment body’s allegations, that he routed his “unaccounted income in the form of bogus unsecured loans from many bogus entities”.

The IT Department also accused Sood of violating the Foreign Contribution Regulation Act (FCRA) while raising donations from outside the country.

On September 15, the I-T department had searched 28 premises in Mumbai, Lucknow, Kanpur, Jaipur, Delhi and Gurgaon in connection with its case and alsoi surveyed the actor’s offices and properties.

According to the tax authority’s allegations, Sood’s charity foundation raised Rs 18.94 crore in donations, since being founded last July, and spent only Rs 1.7 crore in relief work, with the remaining not utilised till date.

The actor refutes the allegations and in his statement, he mentioned that does not need to tell ‘his side of the story.’ He claims that every rupee of his foundation goes to the needy and added that he has also urged brands to donate his endorsement fees to charities.

The actor captioned his post with a Hindi couplet and it reads as below:

“You don’t always have to tell your side of the story, time will. I have pledged myself to the service of the people of India with all my strength and heart. Every rupee in my foundation is awaiting its turn to save a precious life and reach the needy. In addition on many occasions, I have encouraged brands to donate my endorsement fees for humanitarian causes too, which keeps us going. I have been busy attending to a few guests, hence was unable to be at your service for the past few days. Here I am back again, in all humility, at your humble service for life. My journey continues.”



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