Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Wed, Sep 19, 2018 | Last Updated 9:13 am IST

Menu &Sections

Search

Karti Chidambaram, his wife & mother booked under Black Money Act

Karti Chidambaram, his wife & mother booked under Black Money Act
Karti Chidambaram, his wife & mother booked under Black Money Act
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Recently as per report Income Tax department has charge sheeted former Union Minister P Chidambaram’s son Karti Chidambaram, his daughter in law Srinidhi and wife Nalini under the Black Money Act. Accordingly the charge sheets have been filed under Section 50 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The main charge against the family is their failure, in part or full, to disclose assets in the United Kingdom and the United States.



Moreover according to the charge sheet, Karti, Srinidhi and Nalini have not disclosed information about investments in a property in Cambridge, UK as well as investments/beneficial ownership in Totus Tennis Limited and NanoHoldings LLC, which constitutes an offence under Section 50 of the Black Money Act.

Karti Chidambaram, his wife & mother booked under Black Money Act

Further the Cambridge property refers to an immovable property at No.5, Holben Close, Barton, and Cambridge CB23 7AQ, United Kingdom, reportedly acquired by the Chidambarams in 2015 for Rs 5.37 crore. Recently the investigations by the Income Tax Department also revealed that Karti Chidambaram had made investments to the tune of Rs 3.28 crore and Rs 80 lakh in Nano Holdings LLC, USA and in Totus Tennis Limited, UK respectively, through his domestic company Chess Global Advisory Services Private Limited and the matter has been posted for hearing on June 11.

Karti Chidambaram, his wife & mother booked under Black Money Act

Karti Chidambaram, his wife & mother booked under Black Money Act
5/ 5 - (1 votes)
Add To Favourite
More from author
Who is Country's Highest Earning MLA?
North & South Korean Leaders Meet at Pyongyang
Guys involved in Controversial WhatsApp chat to kill Defense Minister held
Centre's decision to ban 328 FDC drugs brought 6,000 medicines on radar
Migrants figures shown a negative growth of 11.6% from Kerala
Uber's Food delivery launched Insurance Program in partnership with Tata AIG
Investigation about Sewing Needle hidden in Strawberries
Karnataka Govt reduced state taxes on petrol & diesel
Is YS Jagan caught in a trap?
Supreme Court nominee Brett Kavanaugh testifies hearing before Senate Judiciary Committee
Major Fire Accident at Kanya Cinema Theater, Visakhapatnam
Auto driver attacked for questioning BJP leader on Petrol price hike!
Case against Thirumurugan Gandhi dismissed!
H Raja's words will help fascism!
H Raja receives High court order!
Babies born yesterday on PM Modi's birthday gifted gold rings at Chennai
TN couple received Petrol as Marriage Gift!!!
Ramdev will not campaign for BJP in 2019 elections
PSLV-40 launched Cartosat-2 remote sensing satellite, 2 Indian & 28 foreign Nano satellites
Hurricane Florence killed many in US
Facebook requires Human Rights Policy Director
PM Narendra Modi celebrates his 68th Birthday at Varanasi
Metrological Dept predicts rain in Chennai for 48 Hours
Nara Lokesh wants to come out of CBN's shadow
Trump administration sends a message to US cell phones to test Unused Alert System
DMK member fight with shopkeeper!
Stalin slams ministers!
Will Rajini attack Raja?
Typhoon Mangkhut runs rampage in the Philippines!
Direct communication with PM Modi would be a big motivation for their workers
MDMK to be part of DMK alliance to defeat BJP
Will Samadhi of Thyagaraja be declared as a national monument?
Will Congress Party come out of Gandhi-Nehru family tangle to younger generation?
Hyderabad's First Exclusive Dog Park be inaugurated within next ten days
Why Amit Shah launched attack on KCR?
ISRO's trusted workhorse PSLV to carry satellites weighing over 800 kilograms
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.