It is not just the US that has issues with fringe religious sects,,,
The Income Tax department of India has recommended cancellation of
the tax breaks given to charitable trusts controlled by self-styled
Hindu ‘godman’ Asaram Bapu.
According to The Indian Express, the recommendation of the
IT department comes on the basis of a probe which revealed that the
trusts had been concealing an annual income worth Rs 2,300 crore since
2008-09.
Sources revealed that the tax department has also unearthed numerous
“benami investments” allegedly linked to Asaram and his followers,
amounting to several crores.
An appraisal report prepared by the investigation wing of the IT
department has also found that Asaram allegedly ran an illegal lending
scheme through his followers. Under the scheme, ordinary people were
offered cash loans at a monthly interest rate of 1-2 per cent.
Infamous Hindu guru Asaram Bapu’s shady financial dealings worth billions finally uncovered - Daily Pakistan Global
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