Updated September 11th, 2020 at 14:28 IST
Income Tax dept moves Madras High Court against AR Rahman for alleged tax evasion
Oscar-winning music composer AR Rahman has been charged with allegations of tax evasion for the year 2011-2012 by the Income Tax department in Chennai.
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In alleged tax evasion charges filed by the Income Tax department in Chennai High Court, Oscar-winning music composer A R Rahman has been sent a notice alleging that he routed his income of an amount of more than Rs. 3 crore through his charitable trust, A R Rahman Foundation. As per sources, the singer-composer received Rs 3.47 crore from UK-Based mobile company Libra in 2010-2011, for composing their ringtone. It has been alleged that as per the contract, Rahman had instructed the company to pay his remuneration directly into the foundation managed by him.
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As per reports, Justice TS Sivagnanam and Justice V Bhavani Subbaroyan ordered the notice on the behest of the Income Tax department after they found irregularities in Rahman's tax returns for the assessment year 2011-2012. Senior counsel T R Senthil Kumar, who represented the IT department, revealed that the income received by Rahman from his international project was transferred to his charitable trust without deduction of the due taxes. A response to the charges made by the IT department is expected to be filed by A R Rahman soon.
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Published September 11th, 2020 at 14:28 IST