Videocon loan case: I-T department issues notice to ICICI Bank chief's husband
4 April 2018 4:59 AM IST
New Delhi: The Income Tax Department has issued a notice to Deepak Kochhar, husband of ICICI Bank MD and CEO Chanda Kochhar, in connection with its tax evasion probe in the Videocon bank loan case, officials said.
They said the notice had been issued to Deepak Kochhar under section 131 (power regarding discovery, production of evidence) of the I-T Act and he has been asked to furnish details of his personal finances, Income Tax Returns (ITRs) for the last few years and business transactions with the firm NuPower Renewables.
The department, the officials said, has launched a probe into the finances of the company and those associated with it.
Few more notices have been sent to the people associated with the firm and based on their replies; further action will be taken, they said.
In a related development, the CBI officials said that Deepak Kochhar, who has been named in a preliminary enquiry, will be called for questioning soon.
The CBI had questioned a few ICICI bank officials as part of a preliminary enquiry to find if any quid pro quo was involved in the bank issuing a Rs 3,250 crore loan to the Videocon Group in 2012.
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