India News | Income Tax Serves Notice to PDP's J-K MLA Para, Seeks Books of Accounts
Get latest articles and stories on India at LatestLY. The Income Tax department has served a notice to senior PDP leader and Jammu and Kashmir MLA Waheed Para to submit his books of accounts, officials said on Sunday.
Srinagar, Dec 22 (PTI) The Income Tax department has served a notice to senior PDP leader and Jammu and Kashmir MLA Waheed Para to submit his books of accounts, officials said on Sunday.
Though, according to the notice, Para was scheduled to appear before the Income Tax authorities on December 20, he received the intimation on the same day.
While the People's Democratic Party (PDP) leader -- the MLA from Pulwama in south Kashmir -- was not available for comment, his close aides said his representative would appear at the Income Tax office on Monday.
Para was served a notice under Section 131(1A) of the Income-Tax Act that empowers a tax officer to seek information from taxpayers, even when no formal proceedings are pending.
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The provision also allows the tax authorities to seek books of accounts and financial documents to be brought by the noticee or be sent through their authorised representative, as the case may be.
According to data submitted to the Election Commission after the assembly elections, Para said he had spent a little over Rs 14 lakh on electioneering.
Of this, Rs 12 lakh was received from individuals, companies, firms or associations as loans, gifts and donations.
In his election affidavit, Para had informed that the total value of his moveable and immoveable assets was more than Rs 2.5 crore, including inherited agriculture land of Rs 2 crore.
Para is out on bail after spending two years in jail.
He was arrested by the National Investigation Agency (NIA) on November 25, 2020, a day after he filed his nomination for the District Development Council elections from Pulwama.
He was granted bail by an NIA court in January 2021. As he was stepping out of jail, the Counter Intelligence (Kashmir) wing of the Jammu and Kashmir Police arrested him on the same charges.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)