Siliguri, 12th October: The Income Tax department has initiated recovery proceedings over outstanding tax dues of ₹1.5 crore by issuing an attachment notice against the immovable property of Maa Sharda Residency Resort in Naxalbari, registered in the name of businessman Rakesh Kumar Srivastava.
According to the department, ₹1.5 crore in income tax remains outstanding in the name of Rakesh Kumar Srivastava. As the dues have not been paid, the Tax Recovery Officer (TRO) at the Siliguri office has initiated action to recover the amount.
The department has started the property attachment process under the Second Schedule of the Income Tax Act, 1961. The notice states that the concerned immovable property cannot be sold or transferred until further orders.
The notice also prohibits the creation of any financial encumbrance on the property or transactions that violate the prescribed restrictions.
So far, no official response has been received from the concerned company or the businessman regarding the matter.
