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BJP accuses Singhvi of hoarding black money

Published: 12 Nov 2014 - 12:42 am | Last Updated: 19 Jan 2022 - 04:26 pm

New Delhi: The BJP yesterday accused Congress leader Abhishek Singhvi of hoarding black money by evading taxes, after Income Tax settlement commission reportedly slapped him a penalty of Rs56.67 crore but he said that order suffered from “legal malice and perversity”.
BJP spokesperson Sambit Patra said that the Income Tax Settlement Commission has come up with shocking revelations. “This is a classic expression of how black money is being generated in India, and that too by non-other than tall leaders of the Congress,” Patra said.
“The settlement commission has added about Rs92 crore to the professional income of Singhvi over a period of three years. Why was he not declaring this income?” Patra questioned. Singhvi’s office issued a statement which said that the order of Settlement commission has been stayed by the high court. “Thus, in law, no order exists and none is operative,” the staement said. It also noted that there is no issue of wrongful receipts.
“Hundred percent receipts are admittedly by cheque. Even the allegation (wrongly) made is only of inflated expenses claimed,” the statement said. It also said that before any coercive steps were taken by department, Singhvi’s chartered accountant had reported destruction of records over two years ago. “The report had been independently filed and recorded by the police and has not been displaced in any manner,” the statement said. IANS