Hyderabad: A complaint has been filed against TRS legislator Putta Madhukar with the income-tax department and the Enforcement Directorate in connection with his Putta Lingamma Charitable Trust and alleged disproportionate assets.
The complaints come on the heels of the income-tax department action on Congress leader A. Revanth Reddy following complaints lodged against him by a TRS leader.
The complaint against Mr Madhukar was lodged by Mr Enmula Satyanarayana, former sarpanch of Manthani, who alleged that the MLA had invested '50 crore in the Mumbai-based Adiraj Group of Constructions, He allegedly owns 61 acres of agricultural land in Venkatapur, Manthani, worth '2 crore and over 100 acres agricultural land at Mahadevpur worth '4 crore.
Mr Satyanarayana said that 20 sand quarries worth about '20 crore were functioning in Manthani constituency in benami names which were funded by Mr Madhukar. The MLA is said to hold a major share in Bhavitasri Chit Funds Pvt, Ltd.
The MLA has allegedly invested in construction companies and hotels overseas and is also the promoter of Bhuvana Suray Developers Pvt Ltd. His I-T returns are disproportionate to his income, Mr Satyanarayana alleged.
In a separate complaint filed with the I-T principal chief commissioner, TS and AP, Mr Satyanarayana alleged, “The MLA and his wife established a trust in the name of his mother Putta Lingamma in 2011. The couple has been collecting donations in the name of the trust.”
He alleged that discrepancies were found in the audit report and the actual income. Mr Madhukar’s 2014 election afidavit did not mention details about the trust, he said.
When contacted, the MLA refuted the allegations. “I challenge Satyanarayana to identify the properties that he has mentioned as disproportionate assets or prove transactions where I have evaded tax,” the MLA said.
He said Mr Satyanaray-ana was booked for bank fraud in 2010 and extortion in 2012. “There are several cases booked against him in the Manthani police station. He works for a former Congress minister, my rival. Even before I entered politics, I owned agricultural land and tippers (vehicles). A few properties were gifted by my in-laws. Nothing is disproportionate to my income. I have not received any notice from ED or IT earlier for tax evasion”.
