Agencies NEW DELHI: The Income Tax (IT) department on Thursday seized two bank accounts of Punjab Minister Navjot Singh Sidhu for non-payment of taxes.
While the former cricketer's tax dues stand at Rs. 52 lakh, payments to be made were towards dress expenses (Rs. 28,38,405), tour and traveling expenses (Rs. 38,24,282), salary expense (Rs. 47,11,400) and petrol and diesel expenses (Rs. 17,80,358).
The IT department noted that the Congress leader had failed to provide documentary evidence, such as bills or invoices in support of his claim during the course of assessment proceedings. Since the authenticity of the transactions could not be established, 30 percent of the total expenses were disallowed in order to prevent leakage of revenue. |