Shah Rukh in trouble after found violating laws
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The Income Tax department has reportedly attached a property owned by Shah Rukh Khan. This one pertains to his Deja Vu Farms Pvt Ltd at Mumbai's Alibag, which is a beach town. As per news reports, SRK has violated certain provisions under the Prohibition of Benami Property Transactions Act.
Although the notice was issued to him in December, it has come to light only on Tuesday. Allegedly, the 'Zero' actor had bought the property spread over 19,960 sq mts for agricultural purposes. However, he has developed the same into a farmhouse, thereby violating the law.
Not only has he trespassed a state law in Maharashtra, but also has taken an "unsecured loan" of about Rs. 8.5 Cr through Deja Vu Farms.
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