EXCLUSIVE — Robert Vadra’s firm gets an Income-Tax notice: explain land, financial deals

Income tax : Skylight Hospitality principal officer summoned tomorrow, notice on Dec 24.

Written by Appu Esthose Suresh | New Delhi | Updated: January 1, 2015 4:40 pm
Robert Vadra, DLF land deal, Vadra DLF land deal, Vadra DLF, Sonia Gandhi, Skylight Hospitality, DLF Universal Ltd, India news Robert Vadra’s Skylight Hospitality held 3.53 acres of land in Manesar, Haryana and 470 acres in Bikaner, Rajasthan.

In the first move by the central government against Robert Vadra, son-in-law of Congress president Sonia Gandhi, the Income-Tax department has begun scrutiny of his controversial land deals and financial transactions. Sources said the department has issued a notice to the “principal officer” of Skylight Hospitality and summoned him on Friday.

Vadra’s firm Skylight Hospitality, at the centre of a row over transactions with realty giant DLF and procurement of a commercial licence, has been asked to furnish “agreements to purchase and sale of immovable properties” since 2005-06.

The I-T, sources said, has sought details of Skylight Hospitality’s transactions with DLF, its association with Onkareshwar Properties and “cost of acquisition of commercial colony licences” in Haryana. Skylight Hospitality held 3.53 acres of land in Manesar, Haryana and 470 acres in Bikaner, Rajasthan.

Vadra did not respond to phone calls and text messages from The Indian Express  on Wednesday.

In its 22-point questionnaire issued to Skylight Hospitality on December 24, the I-T has sought:

*A list of sellers of immovable properties along with date of sale to Skylight Hospitality.
*Break-up of loans taken and given.
* Minutes of the meetings of Board of Directors since 2005-06.
* Explanation on deduction of Rs 79.56 lakh in the balance sheet of March 31, 2012.
* Details of the nature of assets, purchase and sale deed with computation of capital gains.
* An explanation on the firm’s links with Onkareshwar Properties Pvt Ltd.

(In August 2013, The Indian Express reported that Vadra’s first cheque of Rs 7.5 crore (dated February 9,2008) to Onkareshwar Properties for buying 3.53 acres in Shikohpur village was not encashed for six months after registration. Details filed by Onkareshwar Properties with the Registrar of Companies (RoC) showed two stakeholders: Satyanand Yajee, a close associate of then Haryana chief minister Bhupinder Hooda and a member of the All India Freedom Fighters’ Successors’ Organisation; and, Sandeep Dahiya, a relative of Hooda’s wife Asha.)

*Details of loans from DLF Universal Ltd and DLF Retail Developers Ltd.
* The “source” for purchase of land in Manesar.
*  Details of calculation of profit on sale of agriculture land.
* Assessment details of Directors of Skylight — Vadra is one of them — and of its subsidiary companies and joint ventures like Saket Courtyard Hospitality, Saket Holiday Resorts and DLF Saket Hotels.
*Details of “related parties” of Skylight Hospitality.
* Clarification on how loss of Rs 1.36 crore has been worked out in case of partnership firm Saket Courtyard Hospitality which was taken over by Skylight.
* Details of creditors.

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First Published on: January 1, 2015 12:12 am
  1. A
    Ajay Kumar Sinha
    Jan 1, 2015 at 6:05 am
    When the good time of Indian people started from the same bad time of Vadera also started
    Reply
    1. A
      Anurag Srivastava
      Jan 1, 2015 at 5:49 am
      Government should order for fresh currency notes for itself from some foreign country. Once received, then everybody should be told to get their cash stock exchanged in the banks with the new currency within a period of 15 days. In the process all black money and fake currencies will be filtered. In the future there will also be lesser amount of transaction relating to property in black. There will be no fake note for the Terrorist to operate in the country.
      Reply
      1. A
        Arun M
        Jan 2, 2015 at 9:35 am
        Why not there should be proper investigation in all the land deals of your favourite son-in-law Vadra? Let the law of land get applied equally everyone. Why Mr. Richard Nicholas is worried about?
        Reply
        1. B
          Burjis Wadia
          Jan 1, 2015 at 7:36 am
          IE couldn't take criticism hence my earlier similar comments were deleted - I repeat what rubbish reportage. "In a move by Central Government" - wonder who approves such journalism. It should have been "move by law enforcement agencies" or "IT-department".
          Reply
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            Burjis Wadia
            Jan 1, 2015 at 7:26 am
            what rubbish reportage - "in a move by central government" - seriously what is wrong with IE these days. It is a move by "law enforcing agencies" or "tax department". Shoddy. Wonder who approves such language ??
            Reply
            1. B
              B
              Jan 2, 2015 at 7:05 am
              A minor issue of stopping Vadra's security check exemption still not final end. Our babus are behind the delay.
              Reply
              1. C
                Cool Henry
                Jan 2, 2015 at 12:11 am
                Dude - who's talking about raids...they have not taken place yet. Vadra has been asked to produce paperwork.
                Reply
                1. C
                  crossbow
                  Jan 1, 2015 at 8:34 pm
                  Not sure if you have followed the news and what the Modi govt did to DLF, google it. Vadhra is going to Tihar by 2016 along with many of the fake his.
                  Reply
                  1. C
                    crossbow
                    Jan 1, 2015 at 8:35 pm
                    Robber Vadhra's time is up. Back to the gym inside Tihar by 2016.
                    Reply
                    1. B
                      Bimalendu Das
                      Jan 1, 2015 at 5:37 am
                      The dynasty looted the nation with the hope that the UPA3 will emerge victorious in the last general election. Modi should be bold enough to get them placed in right position.
                      Reply
                      1. D
                        Dipak
                        Jan 1, 2015 at 3:57 am
                        The Goonda should be jail with mother in law, never to be released.
                        Reply
                        1. O
                          omkars
                          Jan 1, 2015 at 5:48 am
                          By the time this case is adjudicated,Modi Sarkar will be long gone.Thats how long it takes to resolve these cases in court.Our judicial system is a joke.Politicians pick and choose who to indict.
                          Reply
                          1. G
                            GS
                            Jan 1, 2015 at 3:17 am
                            The show is on - The Govt now needs to ensure he The Almghty, Damaad does not become a Bhagoda ..........
                            Reply
                            1. I
                              iemoderator
                              Jan 2, 2015 at 3:35 am
                              There are too many abusive comments to do that. But we are in the process of speeding up the same.
                              Reply
                              1. I
                                iemoderator
                                Jan 2, 2015 at 3:35 am
                                we delete only abusive comments. please read the other stories and see.
                                Reply
                                1. I
                                  iemoderator
                                  Jan 1, 2015 at 9:02 am
                                  we take time to moderate comments as we get thousands of them every day. We don't delete non-abusive comments.
                                  Reply
                                  1. B
                                    b j
                                    Jan 1, 2015 at 6:41 am
                                    A bold criminal. He should be dealt with sternly , does not deserve any sympathy. Govt. should expedite the process so that the case may be decided within 2-3 years.
                                    Reply
                                    1. J
                                      JKG
                                      Jan 2, 2015 at 5:06 am
                                      now son-in -law is facing music,as he does not have extra-consutional power.
                                      Reply
                                      1. M
                                        madan gupta
                                        Jan 1, 2015 at 12:59 am
                                        No notice, only arrest and put Vadra in Tihar with Sayeed Hahiz room.
                                        Reply
                                        1. M
                                          Madan Mohan Naduvath
                                          Jan 1, 2015 at 5:11 pm
                                          It is matter of 1.36 crore loss made by his Company. There are millions of congress men who will make a 'bucket collection' from the street and make good the losses. There are good corruption and bad corruption viz., good terrorism and bad terrorism. A company which is running in loss is part of good corruption. Don't misuse the names of Nehru Family....sorry......hi Family. The don't commit mistakes. Enjoy...
                                          Reply
                                          1. N
                                            Nagar Iyer
                                            Jan 1, 2015 at 5:26 am
                                            BJP slowly spreading its wings through the entire nation by kicking out the corrupt--------------------------------------------------------------------------------------------TN - made ready for BJP entry after sending Jaya to jail-Pawars are next in the list - inextricably caught in mega irrigation scam--Mamta has developed cold feet on her imminent arrest related to Sarada Scam ---Hooda, Vadra duo are now facing the heat in Land Scam. ----A strong case is being built up against Mulayam in the DA Case -----Laloo has already one leg in Jail n Nitish's hurry in tie-up with Laloo betrays his nervousness------All other regions are either already under BJP or too insignificant to be counted politically
                                            Reply
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