The Madras High Court has issued a notice to music composer AR Rahman for tax evasion. The notice was issued after the Income Tax Department filed an attraction within the court. According to the attraction, Rahman had evaded tax in particular person capability by allegedly transferring his remuneration of Rs 3.47 crores to his charitable belief. Reportedly, the IT division discovered discrepancies in Rahman’s tax submitting for the yr 2011-12.
According to the IT division, the large sum was his wage for composing ringtones for a UK-based telecom firm known as Libra mobiles. This occurred in 2011 and in response to his three-year-contract, the composer was to compose unique ringtones for the corporate.
The IT division stated that the income for the work needs to be obtained in Rahman’s particular person account and it’s taxable. They additional acknowledged that the sum could be moved to charitable belief after deduction of taxes.
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