I-T department files chargesheet against Amarinder Singh in foreign assets case
The Congress chief ministerial candidate in Punjab alleged that Arun Jaitley was involved in the crack down.
A chargesheet was filed against Punjab Congress chief Amarinder Singh on Friday by the Income Tax Department in connection with a case of alleged untaxed foreign assets, PTI reported. The department has been investigating Singh and his son Raninder in the case.
The I-T department filed the prosecution complaint in a Ludhiana court on Thursday. The former chief minister has been charged under various sections of the I-T Act and the Indian Penal Code.
According to PTI, the I-T department, in its complaint, said that during investigations Singh was “found to be the beneficiary” of a trust and other properties owned by Raninder in a foreign territory. The department claimed that Singh gave a “false statement on oath” about the ownership of these assets. It also said that the Congress chief ministerial candidate was actively involved in the creation of these trust and foreign properties, which were not disclosed for tax purposes.
The I-T department received information that Raninder was allegedly holding an offshore account in Switzerland. Both Singh and his son Raninder have denied these allegations. Raninder also faces a case filed by the Enforcement Directorate under the provisions of the Foreign Exchange Management Act.
Singh accused Finance Minister Arun Jaitley of being involved in the crack down on his affairs.