He has reportedly been sent a notice a couple of weeks back by the Income Tax department to give details of investments in several offshore destinations. According to the ET report, the notice was sent under Section 131 of the IT Act. However, it is not clear whether the IT department has any information whether the investments reflect any undisclosed income. People who have undisclosed income can escape penal punishment through this scheme by paying a fine. According to a report published in the Economic Times, Bollywood superstar Shah Rukh Khan is currently on the radar of tax officials.

Source: dna July 25, 2016 16:58 UTC