VK Sasikala’s property in Chennai outskirts attached by Income Tax Department under Benami Act
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Located in Payyanoor village, the property of VK Sasikala, the aide of former Tamil Nadu Chief Minister J Jayalalithaa, attached by the Income Tax department spans 3 acres and 52 cents.
Chennai: In yet another instance of trouble for VK Sasikala, the aide of former Tamil Nadu Chief Minister J Jayalalithaa, the Income Tax department has attached a property that she owned, in the outskirts of Chennai. Located in Payyanoor village, the property spans 3 acres and 52 cents. According to a notice pasted on the property, action was being taken under the Prohibition of Benami Property Transactions Act 1988. “Considering the facts and circumstances of the case, since the beneficial owner(s) would be aware of the consequences of the proceedings, the undersigned is of the opinion that the property as mentioned above maybe alienated during the period specified in the notice issued to the Benamidar. Therefore, it is considered expedient and necessary to provisionally attach the property as mentioned above under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988” reads a portion of the IT Department order.More Related News