The Income Tax Department on Thursday seized two bank accounts of Punjab minister Navjot Singh Sidhu for alleged tax evasion. The department seized Sidhu’s Citibank account at Connaught Place and HDFC account at Khan Market, both in New Delhi, India Today reported.
The cricketer-turned-politician owes Rs 52 lakh in taxes, according to ANI. He had reported expenditure of over Rs 28 lakh on clothes, Rs 38 lakh on tours and travelling, Rs 47 lakh on salary and nearly Rs 18 lakh on petrol and diesel in his tax returns for the 2014-’15 financial year. But the I-T Department said Sidhu had failed to submit documentary evidence of his expenses such as bills or invoices.
Since the authenticity of the transactions could not be established, 30% of the expenses were not allowed to be deducted from the total income to arrive at the taxable income, the department said.
The Congress leader had appealed against the I-T Department’s order on his tax liability in January 2017 but did not get any relief.