The income taxassessment report of former Chief Justice of India K G Balakrishnan and his relatives, which has been placed in the Supreme Court, revealed that his family members had not disclosed crores of income which was found out by the department during assessment of their assets.
The report was filed by the Centre in the SC, which is hearing a PIL seeking an SIT probe against them alleging that properties worth crores of rupees were purchased by his family members during Balakrishnan's tenure at the top court.
The report contains assessment of incomes of his daughters, sons-in-law and brother from financial year 2005-06 to 2012-13. The report said there was nothing against the
ex-CJI but revealed that members of his family had undervalued their assets and finally settled the case after paying tax on the income assessed by the I-T department..............Read more
Source: The Times of India