March 2004 News

Geelani asked to cough up Rs 3 crore as Income Tax penalty

4 March 2004
The Hindustan Times
Sumir Kaul

New Delhi: Income Tax department has asked the pro-Pakistan leader and chairman of breakaway Hurriyat Conference Syed Ali Shah Geelani to cough up Rs 3 crore as penalty for not disclosing the assets found at his residence during the search operation in 2001 in his tax returns. The Income Tax notice was served to the senior Jammat functionary recently after the taxmen calculated that Geelani had not disclosed assets to the tune of Rs 5 crore, official sources said. According to the Income Tax law, a person has to pay 60 per cent of his or her undisclosed wealth as penalty to the Income Tax department. The sources said that Geelani had approached the Income Tax Tribunal challenging the decision. Barring his daughter Anisa and son-in-law Iftikhar Geelani, all other members of the Geelani family had been separately served with a notice to deposit the penalty amount for their undisclosed wealth. Geelani's another son-in-law Altaf Ahmed alias Fantoosh has been directed to pay Rs 32 lakh as penalty towards his unaccounted wealth, they said. Fire-brand Jamaat leader's another son Naseem Geelani has been asked to pay Rs 31,000 while his daughter- in-law Rehana Rs 22,000.

 

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