I-T department attaches Shah Rukh Khan's seaside Alibaug farmhouse, labels property 'benami'

31 January 2018, 02:07 PM
I-T department attaches Shah Rukh Khan's seaside Alibaug farmhouse, labels property 'benami'
I-T department attaches Shah Rukh Khan's seaside Alibaug farmhouse, labels property 'benami'

Superstar Shah Rukh Khan landed in a legal trouble recently after the income tax department labelled his Alibaug farmhouse as 'benami'. Reportedly, the IT deparment has even sealed the property which is spread over 19,500 sq ft.

A notice was also issued under Section 24 of the Prohibition of Benami Property Transactions Act (PBPT) in December 2017 to Deja Vu Farms, which has SRK's in-laws as directors and other members on board.

It is reported that the IT department had alleged that Khan had purchased the agricultural land for farming, however he ended up constructing a farmhouse there.

According to the media reports, Shah Rukh Khan is asked to respond to the authority within 90 days.

Confirming the development, a senior I-T officer said under Section 24 of the Act, if the investigating officer believed that the person was benamidar, he (the officer) could issue the attachment notice to that person or the property’s beneficial owner (if his or her identity was known).

As per the PBPT law, the law enforcement officers are enabled to send accused for up to seven years of rigorous imprisonment and pay 25 per cent of the property's value.

If the media reports are to be believed, SRK's Alibaug farmhouse came on the radar after he was taunted by legislator Jayant Patil in Alibaug in November last year who even told Khan, "You may be a superstar, but you don't own Alibaug."

First Published: Wednesday, January 31, 2018 02:04 PM
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