IT department to revoke charitable status of Ramdev's trust

August 28, 2012 12:49
IT department to revoke charitable status of Ramdev's trust

In a shocker, Ramdev's charitable trust status of the Patanjali Yogpeeth would be soon stripped of its "Charitable" status as the Income Tax Department is ready to enforce the action. The action from the IT department comes after false claims that the income of the trust was nil by the yoga guru's trust management, but in reality the trust had funds that exceeded Rs 72 crore.

Ved Pratap Vaidik had expressed remorse over the news questioning why Ramdev, who had no personal interest, is being cornered saying that he using it commercially. He also fired at the health department of India saying it had not done anything in the past years but has started calling Ramdev's activities a business. He added, "He is making medicines and giving good health to people. This is certainly politically motivated. How is that they were silent earlier? The same politicians used to visit him for yoga. Is it crime to do business in this country?"

Acharya Balakrisha, a close aide of Ramdev was also a target of the Enforcement Directorate, ED, as it filed a ECIR which is similar to an FIR against him for the use of a forged passport to open trusts in the US and UK.

A show cause notice for violating the FEMA rules has also been issued for bringing Rs 4.36 crore for a food park in Jharkhand.
There is also strict vigil over his bank accounts as the money from Dubai into his account is also being investigated.

(AW- Anil)

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