Punjab Congress claims to be an honest party but the IT department exposed the ‘thug’ who is PPCC President. Amarinder Singh who pretend himself a well wisher of Punjab looted the wealth of the state from 2002-2007.
The Income Tax Department had found various accounts in foreign banks owned by his son Raninder Singh. The department had called Amarinder for questioning and the PPCC head gave ‘wrong statement’ to defend his son.
As per the latest information, the department filed prosecution complaint against him in a tax evasion case. The PPCC President and his son didn’t disclose the untaxed foreign assets to the department. After the investigation, the department came to know that the both father and son have untaxed foreign assets.
The former CM has been charged under section 277 of the I-T Act (false statement in verification) and IPC sections 176 (omission to give notice or information to public servant by person legally bound to give it), 177 (furnishing false information), 193 (punishment for false evidence) and 199 (false statement made in declaration which is by law receivable as evidence).
In the complaint, the I-T department said during its investigations Amarinder Singh was “found to be the beneficiary” of a trust and other properties owned and created by his son Raninder in abroad. The complaint further mentioned that when questioned about these, Amarinder gave a “false statement on oath” about the ownership of these assets.
The department has sufficient proofs of Amrinder’s involvement in the creation of trusts in abroad. But, he didn’t reveal the information to the department. Raninder Singh has been facing the same complaint registered by the IT department.
The sources in the department disclosed that the complaint is equillent to the charge sheet filed by police. So, the PPCC head may face the trouble for evasion of Income Tax. When Amarinder was the CM of Punjab, he kept the statement money in his foreign accounts. Moreover, he lavishly spent the money on his lavish life style. He had also gifted a costly flat to Aroosa Alam in Dubai and a bungalow in Pakistan in 2007.