Mumbai, Sep 18 (IANS): In a shocking revelation, the Income Tax Department has accused Bollywood actor Sonu Sood of alleged financial irregularities worth around Rs 250 crore by way of unutilized charitable funds, bogus contracts and circular transactions all over India, officials said.
The revelations came after IT sleuths swooped for two-days raiding some 28 premises in Mumbai, Delhi, Lucknow, Jaipur, Kanpur and Gurugram in one of the biggest such investigative actions on any actor.
The IT has claimed unutilized finances received through donations or crowd-fundings of around Rs 20-crore, fake contracts worth Rs 65-crore, and dubious circular transactions worth Rs 175-crore with a Jaipur-based infrastructure company.
After seizing cash, incriminating documents and other evidences pointing at tax evasions, the IT investigations continue.