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Remember Janardhan Reddy daughter’s big fat wedding? Tax department has now slapped Reddy with a 3-page notice, demanding answers for lavish expenses

Remember Janardhan Reddy daughter’s big fat wedding? Tax department has now slapped Reddy with a 3-page notice, demanding answers for lavish expenses
Stock Market1 min read
Recently, former BJP minister and mining czar G Janardhan Reddy was in news for spending hundreds of crores on his daughter’s wedding at Bengaluru Palace. Now, income tax officials are after his life and scanning his accounts.

Along with Reddy, his daughter’s in-laws and event managers-who were signed up for various wedding-related services like priests, security guards and pandal suppliers-are also under the radar.

The Income Tax (I-T) department, recently, issued a three-page notice to Reddy seeking details of all the expenses, including the source of income for his showy attire during the wedding.

Reddy's daughter's five-day wedding grabbed headlines for its ostentatious display of wealth: LCD-screen invitation cards, recreation of the Vijayanagara empire by erecting massive sets on the 35-acre wedding venue, and a list of of 50,000 guests.

Other reason for the wedding to be in headline except for hundreds of crores being spent is that the wedding took place within days of PM Narendra Modi declaring a war on black money by outlawing the use of Rs 500 and Rs 1,000 notes.

Tax department sources said: "We've been gathering information for the past two months. We waited for the wedding to get over and have now issued a notice to him under Section 135 A (5) of the Income Tax Act, 1961. He has been directed to reply before November 25."

The notice has been served on and it contains a list of items against which Reddy has to enter the amount spent.

However, according to reports, Reddy has said that he has spent only 35 crores on his daughter’s wedding but other reports suggests that Reddy spent Rs 100 crore on his daughter Brahmini's bridal dress and jewellery , Rs 20 crore each on food and the palatial setting of the Vijayanagara empire. The mining baron is said to have spent about Rs 200 crore on the wedding.

The I-T department has sought details of preand post-marriage functions, the number of guests, details of credit and debit card transactions, and the money spent on return gifts.
(image: IndiaTimes)

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