After Box-Office Worries, This Is A New ‘Big’ Problem For Shah Rukh Khan

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The Income Tax department has provisionally attached Shahrukh Khan’s Déjà Vu farmhouse, located in Alibag. The attachment notice was issued under the Prohibition of Benami Property Transactions Act (PBPT) in December of last year.

It is one of the most luxurious farmhouses with an area of 19,960 square meters and ultra luxurious facilities like huge swimming pool, private helipad and others. Its estimated cost is Rs 146.7 million.

The major allegation made in the case is that Shah Rukh had made a purchase of agricultural land in Alibaug for farming, but made a lavish property for his personal use. In the last couple of years, we have seen this farmhouse being the favourite destination of Shah Rukh Khan and his gang for all the parties.

“The said transaction falls under the definition of “benami transaction as per the Section 2 (9) of the PBPT Act, where Deja Vu Farms has acted as benamidar for the ultimate benefits of SRK. Thus, the actor is a beneficiary for the said under the prescribed law,” the I-T investigation report submitted to adjudicating authority while seeking provisional attachment said, reports Business Standard.

“Any person aggrieved by the order of the adjudicating authority of holding the property as benami or not, can file an appeal to the appellate tribunal within 45 days from the date of the order. An appeal against the order of the tribunal may be preferred in the High Court within 60 days,” an official told Business Standard.

As per Business Standard report, Déjà Vu Farms was incorporated by two shareholders — Srinivas Parthasarathy and Somasekhar Sundaresan — in 2004. In December 2004, the share transfer certificates were signed by the first shareholders in the name of Shah Rukh Khan and Gauri Khan.

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