The Income Tax Department has charged the family members of Rashtriya Janata Dal chief Lalu Prasad’s family, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion. The department has attached immovable assets such as land, plots and buildings in Delhi and Patna that bear a “deed” value of Rs 9.32 crore but the taxman has estimated their current market value at Rs.170-180 crore.
The Income Tax Department has charged the family members of Rashtriya Janata Dal chief Lalu Prasad’s family, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion. The department has attached immovable assets such as land, plots and buildings in Delhi and Patna that bear a “deed” value of Rs 9.32 crore but the taxman has estimated their current market value at Rs.170-180 crore.