HC dismisses Pradip Burman’s plea for stay of tax case

The Delhi High Court on Wednesday dismissed the plea of Dabur promoter Pradip Burman, whose name has cropped up in the blackmoney list, seeking to stay proceedings in a case of alleged tax evasion against him in the trial court.

Burman is facing prosecution in a complaint filed by the Income Tax Department alleging that he was holding foreign bank accounts which he had not disclosed in his income tax returns and there were undisclosed deposits in those accounts. He had challenged the trial court’s February 19 order by which his plea for staying the proceedings was dismissed.

Justice Suresh Kait, while upholding the trial court’s decision, said Burman had admitted to having a foreign bank account in Zurich, Switzerland, only after the IT department started investigating and since it was an undisclosed account having undisclosed income, it needed to be examined.