Sonu Sood accused of Rs 20 crore tax evasion, issues statement

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Published by Bhavya Shah on 20 Sep 2021

Actor Sonu Sood recently came under the radar after being allegedly accused of tax evasion of Rs 20 crore as Income Tax officials raided his premises. It has been reported that while the actor managed to raise proceedings worth Rs 20 crore from abroad, he used only Rs 2 crore out of the fund, thus violating the Foreign Contribution Regulation Act.

Unfazed, Sood said that while every penny that he’s ever spent is accounted for, he will be spending it only for the needy. He posted a picture on Twitter, bearing his statement.

“You don’t always have to tell your side of the story. Time will. I have pledged myself to the service of the people of India with all my strength and heart. Every rupee in my foundation is awaiting its turn to save a precious life and reach the needy. In addition, on many occasions, I have encouraged brands to donate my endorsement fees for humanitarian causes too, which keeps us going. I have been busy attending to a few guests hence was unable to be at your service, for the last 4 days. Here I am back again in all humility. At your humble service, for live. My journey continues,” Sonu Sood had shared.

While investigation continues, a report stated, “The main modus operandi followed by the actor had been to route his unaccounted income in the form of bogus unsecured loans from bogus entities.”

 

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