Income Tax Department has attached the Alibaug farmhouse of Shahrukh Khan under the new Benami Transactions (Prohibition) Amended Act, 2016.
As per the IT Sleuths, Shahrukh Khan purchased the agriculture land in Alibaug for farming through Deja Vu Farms. He, however, converted the land into a farmhouse for personal use. This falls under benami transaction under Section 2 (9) of the Act.
In this who episode, Deja Vu Farms acted as a benami to the Bollywood Baadshah. SRK's Wife Gauri Khan's father, mother and her sister are directors of this firm. It obtained unsecured loan of Rs 8.4 crore from Shahrukh for purchasing the agricultural land in Alibaug. So far, No farming activity was done here.
SRK's Alibaug farmhouse is spread over 19,960 sq metres. This beach facing property have a private helipad and swimming pool. Khan Family has been celebrating parties at this farmhouse in the recent past.
As per the IT Sleuths, Shahrukh Khan purchased the agriculture land in Alibaug for farming through Deja Vu Farms. He, however, converted the land into a farmhouse for personal use. This falls under benami transaction under Section 2 (9) of the Act.
In this who episode, Deja Vu Farms acted as a benami to the Bollywood Baadshah. SRK's Wife Gauri Khan's father, mother and her sister are directors of this firm. It obtained unsecured loan of Rs 8.4 crore from Shahrukh for purchasing the agricultural land in Alibaug. So far, No farming activity was done here.
SRK's Alibaug farmhouse is spread over 19,960 sq metres. This beach facing property have a private helipad and swimming pool. Khan Family has been celebrating parties at this farmhouse in the recent past.