Abhishek Singhvi's Rs 56 cr tax penalty: Officials reject claim that termites ate vouchers'
November 11, 2014  13:26
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. 
Read the full report here.
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