Sonu Sood issues a statement following the IT raid of a 20 crore tax evasion controversy.

written by Ritika Nath | September 20, 2021

Sonu Sood was recently criticized by Income Tax officials after they raided his premises and discovered a Rs 20 crore tax evasion. While soliciting donations from abroad, the actor was allegedly accused of violating the Foreign Contribution Regulation Act.

According to the IT department, the actor raised Rs 19 crore through his charity foundation but spent only Rs 2 crore from the fund.

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In response to the allegations, Sonu Sood issued a statement on social media in which he stated that he will use "every rupee from his foundation" to help the needy. He stated that he had been attending to 'guests' for the past four days, presumably IT officials, and that he was now ready to serve everyone.

“You are not always required to tell your side of the story. It will happen in due course. I have vowed to devote all of my strength and heart to the service of the people of India. Every rupee in my foundation is waiting for its turn to save a life and help the needy." said Sonu Sood

Image Source: Instagram

The actor concluded his statement with, “My Journey Continues”

The post comes after the Central Board of Taxes claimed that Sonu Sood evaded Rs 20 crore in taxes, claiming that after the Income Tax Department raided him and a linked Lucknow-based infrastructure group, it was apparently discovered 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) by soliciting donations from outside the country.

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Image Source: Instagram

The IT department searched 28 locations in Mumbai, Lucknow, Kanpur, Jaipur, Delhi, and Gurgaon on September 15 in connection with its case against the actor and a Lucknow-based real estate firm. According to the tax authorities, Sood's charity foundation, which was established last July, has received Rs 18.94 crore in donations since April 2021 and has spent only Rs 1.7 crore on relief work. According to the foundation, the remaining Rs 17 crore is unutilized

 

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