Income Tax Department Attaches Shahrukh Khan's Alibag Farmhouse Under Benami Act!
The Income Tax dept attached Shahrukh Khan's farmhouse in Alibaug under Benami act as the property was purchased for agricultural purposes but was used for personal purposes with luxurious amenities.
Shah
Rukh
Khan's
Alibag
farmhouse
attached
by
the
IT
department
|
Filmibeat
The
Income
Tax
department
attached
Shahrukh
Khan's
farmhouse
in
Alibaug,
Maharashtra
under
'Benami
act' and
the
property
is
spread
over
19,500
sq
ft
with
a
current
price
of
around
146.7
Million.
Shahrukh
Khan
has
to
reply
to
the
notice
in
90
days
on
the
allegation
that
he
made
an
application
to
purchase
agricultural
land
for
farming,
but
ended
up
constructing
a
farmhouse
for
his
personal
use.
IT
officials
revealed
the
attachment
notice
was
issued
under
the
Prohibition
of
Benami
Property
Transactions
Act
(PBPT)
in
December
2017.
The
attachment
has
been
done
under
Section
24
of
the
Benami
Act.
The
farmhouse
'Deja
Vu
Farms'
was
taken
up
for
agricultural
purposes,
but
instead
a
plush
farmhouse
was
built
on
the
property,
with
amenities
like
helipad
and
swimming
pool
and
other
luxury
things.
The
income
shown
by
Deja
Vu
Farms
was
of
Rs.
84.5
Million,
which
was
an
unsecured
loan
given
by
Khan
to
the
company.
The
PBPT
Act
enables
law
enforcement
officers
to
send
the
accused
for
up
to
seven
years
of
imprisonment
and
pay
25
per
cent
of
the
property's
value.
Also,
as
per
the
law,
the
attachment
of
the
property
can
be
done
for
a
period
of
90
days
from
the
date
of
the
issuance
of
the
notice.