#Sonu Sood Tax Evasion News

[thenewsfactsnow]

Sonu Sood Says Truth Will Prevail after IT Raids

Sonu Sood Says Truth Will Prevail after IT Raids #sonusood says his innocence will be proved sooner or later - Time will tell he says #SonuSoodNews #NewsUpdates #Thenewsfacts

Sonu Sood has responded to the Income Tax raids at his properties in Mumbai, Lucknow, Kanpur, Jaipur, DElhi ad Gurgaon. In his statement, the actor Sonu stated that time will tell his side of the story. He added that he had pledged himself to the service of the people of India with all his heart and strength, and that he will continue helping people through his foundation. Sonu Sood says time…

[todaynewsguru]

Sonu Sood REACTS to reports of evasion of Rs 20 crore tax: 'Every rupee in my foundation is awaiting its turn to save a precious life' | ggofindia

Sonu Sood REACTS to reports of evasion of Rs 20 crore tax: ‘Every rupee in my foundation is awaiting its turn to save a precious life’ | ggofindia

Image Source – Instagram Actor Sonu Sood has been grabbing headlines after the income tax department pulled off a raid at the actor’s residence. Reportedly, the IT department had been conducting raids at Sonu’s residence for 3 consecutive days and then claimed that Sonu has evaded tax of Rs 20 crore. However, on Monday, a few minutes back, the Happy New Year actor took to his Instagram account…

[breakingnewsstorytoday]

The CBDT on Saturday alleged that actor Sonu Sood and his associates evaded tax of Rs 20 crore and claimed that after the Income Tax Department raided him and a linked Lucknow-based infrastructure group it was found that he routed his "unaccounted income in the form of bogus unsecured loans from many bogus entities".

It also accused Sood of violating the Foreign Contribution Regulation Act (FCRA) while raising donations from abroad.

The department had launched searches against the 48-year-old actor and the Lucknow-based group of industries involved in infrastructure on September 15 and the CBDT said the action was continuing.

"During the course of search at the premises of the actor and his associates, incriminating evidence pertaining to tax evasion has been found.

"The main modus operandi followed by the actor had been to route his unaccounted income in the form of bogus unsecured loans from many bogus entities," the Central Board of Direct Taxes (CBDT) claimed in a statement.

It added that, so far, use of 20 such entries has been found and the providers of which, on examination, have "accepted" on oath to have given "bogus" accommodation entries (transaction entries in accounts).

"They have accepted to have issued cheques in lieu of cash. There have been instances where professional receipts have been camouflaged as loans in the books of accounts for the purpose of evasion of tax," the policy-making body for the tax department said.

[doonitedin]

Sonu Sood tax evasion probe: Netizens come out in support of the actor, call him ‘real hero’

Sonu Sood tax evasion probe: Netizens come out in support of the actor, call him ‘real hero’

New Delhi: Income tax department officials raided at least 6 properties linked to actor, philanthropist Sonu Sood on Wednesday (September 15) evening. Mumbai and Lucknow were the two cities where properties linked to the actor were raided. A real estate deal is under the scanner of the department. Sonu Sood who rose to fame as a ‘messiah’ during the COVID-19 pandemic for his relentless work to…

[thenewsfactsnow]

Good Samaritan Sonu Sood in Big Tax Evasion Sham

Good Samaritan Sonu Sood in Big Tax Evasion Sham, IT says he camouflaged professional receipts - read the full story of #SonuSood #ActorSonuSood

Good Samaritan, hailed as a hero during pandemic and Bollywood actor Sonu Sood, has found himself in an Income Tax Evasion fraud. The IT department said on Saturday that he has evaded over Rs 20 crore in taxes. The department in a statement said Sood has routed “unaccounted income in the form of bogus unsecured loans” through fake entities. Sonu Sood evades Rs 20 Cr in Tax The I-T department on…