High Court issued notice to Shapoorji
A notice was issued to Shapoorji Pallonji on a public interest litigation (PIL) alleging illegal transaction of money.
The order was ruled out against a petition alleged that Pallonji’s real estate company had given an illegal gratification of Rs 250 crore to a company owned by Nitesh Thakur.
According to the income tax department both parties had failed to substantiate reasons behind payment of such huge sum of money.
The Shapoorji Pallonji said that they paid Rs 141.5 crore to buy a land of 900 acres from PRS enterprise.
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Source: DNA India
Builders in India, buy a land, real estate builders, Real estate company, realestate builders in India, Shapoorji Pallonji
