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Abhishek Singhvi's Rs 56 cr tax penalty: Officials reject claim that termites ate vouchers'
November 11, 2014
Multiplying Congress leader Abhishek Manu Singhvi's Income Tax problems, the Settlement Commission has added over Rs 91.95 crore to his declared professional income over a three-year period and slapped a penalty of Rs 56.67 crore.

The order has since been stayed. He had moved the Commission on his own but a probe was launched subsequently, prompting him to describe the proceedings as a "cat and mouse game' which "trapped' him. 
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