SRK in Trouble Again: Alibaug House Comes Under Income Tax Radar
SRK allegedly in trouble with income tax department for his Alibaug property.
Bollywood superstar Shah Rukh Khan seems to be in trouble again. The actor has allegedly come under inspection for violating rules for building his ultra-luxurious villa in Alibaug. The actor recently celebrated his birthday and anniversary at the villa.
According to a report in India Today, there are four allegations being made against King Khan.
- The first allegation on Shah Rukh is that he has forged documents to show a large pre-1991 bungalow existed on an open agricultural plot.
- The second allegation states that the actor formed a fake company, Deja Vu Farms Pvt Ltd, based in Khar.
- The third allegation is that Deja Vu Farms was floated by two shareholders, namely, Sriniwas Parthsarthy and Somsekhar Sundaresham on 27 December 2004, but the actual directors of this company (as per the Ministry of Corporate Affairs website) are relatives of Gauri Khan indicating that the person behind the setting up of this company was Shah Rukh Khan himself.
- The fourth allegation on the actor is that he fraudulently used a piece of land bought for agriculture purpose to make a luxurious villa. SRK has also allegedly violated coastal regulations.
According to India Today, senior income tax officials were unaware of the case when contacted. The officials decided to quiz two shareholders of Deja Vu Farms and recorded their statements in order to check if any benami transactions took place on behalf of Shah Rukh Khan.
Shah Rukh Khan’s Alibaug property is spread over an area of 19,960 square meters, with a huge swimming pool and a private helipad. This large piece of land is made up of five plots which run along the sea. The beach extends further for about 20 meters from the land.
(Source: India Today)
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