Madras High Court issued notices to Academy Award winning music director AR Rahman in tax evasion case filed against him by the IT department. He took a remuneration of Rs. 3.47 crores recently from a London based company. He asked the company to transfer the amount into the account of his charitable trust in order to evade the tax said the counsel for IT department in the court. As donations received by Charitable trusts don\u2019t attract any taxes in India, Rahman opted for this route in order to skip the tax payment.<\/p>\n
Officials from IT Department said that they haven\u2019t received any response from AR Rahman despite sending notices multiple times. This made them approach the court. AR Rahman is working with multiple companies and Hollywood production houses apart from Indian films from many years. He commands exorbitant remunerations and routs those amounts to his trust\u2019s bank account from a long while. Income tax department kept a tab and found many discrepancies leading to tax evasion. His fans are shocked with the developments and are eagerly waiting for his response.<\/p>\n
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Madras High Court issued notices to Academy Award winning music director AR Rahman in tax evasion case filed against him by the IT department. He took a remuneration of Rs. 3.47 crores recently from a London based company. He asked the company to transfer the amount into the account of his charitable trust in order […]<\/p>\n","protected":false},"author":4,"featured_media":5224,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[97,31,121],"tags":[1142,1144,740,1143,78],"yoast_head":"\n