The Income Tax Department has accused Sonu Sood of alleged financial irregularities. Reportedly, these irregularities range up to over Rs 250 crore. According to officials, Sonu Sood did this through unutilized charitable funds. This includes fraudulent contracts and circular transactions across India.
According to reports, IT has alleged roughly Rs 20 crore in unutilized funds collected through donations. Further Rs 65 crore in bogus contracts added to that. Rs 175 crore in dubious circular transactions with a company is also added to that.
"During the course of search at the premises of the actor and his associates, incriminating evidence pertaining to tax evasion have 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 tax department said in the statement.
Reportedly, the investigation continues after seizing cash and evidence. The revelations emerged following two-day raids on 28 locations. This includes locations in Mumbai, Delhi, Lucknow, Jaipur, Kanpur, and Gurugram. The investigation is done by IT sleuths in one of the largest such investigations on any actor.
“I-T Dept conducted a search & seizure op at various premises of a prominent actor in Mumbai & also a Lucknow-based group of industries engaged in infrastructure development. 28 premises in Mumbai, Lucknow, Kanpur, Jaipur, Delhi, Gurugram covered: Central Board of Direct Taxes;” ANI Tweeted.
Meanwhile, Sood had recently announced a tie-up with the Delhi Aam Aadmi Party government.