Summary:
Meanwhile, proceedings against him will be initiated by the department in the coming days as well. Based upon his disclosure, the chaatwala will have to pay an income tax of approximately Rs 52 lakh.According to sources, the team of IT officials was shocked to find out that not only this chaatwala has amassed unaccounted income and made huge investments in immovable property but has not even filed his Income tax Return (ITR) from last two years. Despite being a wealthy person who even has constructed two party halls and on an average, he charges Rs 2.5 to Rs 3 lakh per function to supply different kinds of “Chaats”.Sources also claimed that since most of his sale and purchase is carried out of books, it is likely that the figure of tax evaded by him can rise further. LUDHIANA: Ten days after the income tax department , Ludhiana, conducted a survey on the famous pakora shop in the city in which the owner declared undisclosed income of Rs 60 lakh, the department on Wednesday raided a famous chaatwala-cum-caterer of Patiala who on Thursday declared an undisclosed income of Rs 1.20 cr to the department.Teams of department under instructions from principal commissioner of I-T department, Parneet Sachdev, (range-3,Ludhiana and Patiala region) started survey on the two premises of this businessman including his factory at Focal Point and booking office on Sirhind Road Patiala..