Advertisement
Friday, Jul 01, 2022
Outlook.com
Outlook.com
News Analysis

Navjot Singh Sidhu's Bank Accounts Seized Over Non-Payment Of Taxes

The IT department noted that Sidhu had failed to provide documentary evidence, such as bills or invoices in support of his claim

Navjot Singh Sidhu's Bank Accounts Seized Over Non-Payment Of Taxes
| File Photo
Navjot Singh Sidhu's Bank Accounts Seized Over Non-Payment Of Taxes
outlookindia.com
2018-03-30T10:10:29+05:30

The Income Tax (IT) department on Thursday seized two bank accounts of Punjab Minister Navjot Singh Sidhu for non-payment of taxes.

While the former cricketer's tax dues stand at Rs 52 lakh, payments to be made were towards dress expenses (Rs. 28,38,405), tour and traveling expenses (Rs. 38,24,282), salary expense (Rs. 47,11,400) and petrol and diesel expenses (Rs. 17,80,358).

The IT department noted that Sidhu had failed to provide documentary evidence, such as bills or invoices in support of his claim during the course of assessment proceedings. Since the authenticity of the transactions could not be established, 30 percent of the total expenses were disallowed in order to prevent leakage of revenue.

"The assessee had gone in to appeal against the order on January 17 last year, but the Commissioner of Income-tax (Appeals) or CIT (A) passed the order favouring the revenue and not provided any relief to the assessee, as he had failed to provide any documentary evidence in support of his claim," an official statement noted.

ANI

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement