Moneycontrol PRO
HomeNewsBusinessEconomyI-T Dept says Election Commissioner Ashok Lavasa's family paid over Rs 46 lakh in cash for house: Report

I-T Dept says Election Commissioner Ashok Lavasa's family paid over Rs 46 lakh in cash for house: Report

Lavasa's family members came under authorities' scanner after complaints of tax evasion

February 05, 2020 / 13:28 IST

Tax authorities have found that Election Commissioner (EC) Ashok Lavasa's family paid Rs 46.65 lakh in cash for construction of a building in Gurugram, The Indian Express reported.

The other findings include cash deposits amounting to Rs 4.93 lakh after demonetisation and a payment of Rs 9.57 lakh to the builder in Gurugram, which was sent through a domestic help’s bank account.

Lavasa's family members came under the authorities' scanner after complaints of evading tax, the report said.

The Income Tax (IT) Department has in the past six months issued tax notices to Lavasa’s wife Novel Singhal Lavasa, a former banker; sister Shakuntala Lavasa, a paediatrician; and son Abir Lavasa.

Moneycontrol could not independently verify the story.

Ashok Lavasa, Novel and Abir have not yet responded to requests for comment by The Indian Express.

PC Mody, Chairman of the Central Board of Direct Taxes (CBDT), has also not yet responded when contacted by the publication.

The I-T Department had shared its report with the Department of Revenue in November 2019, the paper reported.

The four-storied building in Gurugram is jointly owned by the EC, his sister Shakuntala, wife Novel, son Abir and daughter Avny, the report said.

The tax authorities’ findings also mentioned a farmhouse in Karnal, owned by Ashok Lavasa, Novel and Abir.

Moneycontrol News
first published: Feb 5, 2020 01:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347