National
Mumbai family’s huge wealth declaration puzzles IT
Mumbai: The declaration of Rs 200,000 crore wealth by a four-member Mumbai family confounds the Income Tax Department, especially due to their middle class antecedents, official sources said on Monday. However, a terse statement by the Central Board of Direct Taxes (CBDT) rejecting the family’s claims stunned Mumbaikars, who are used to the filthy rich in the country’s commercial capital. CBDT spokesperson Income Tax Commissioner Meenakshi Goswami said the family made the disclosure at the IT Office in Mumbai.”This high-value declaration was found to be suspicious, so it has not been taken on record,” she said in a statement.
The family comprises Abdul Razzaque M. Sayed (self and declarant), wife Rukhsana, son Mohammed Aarif and sister Noorjahan Mohammed Sayed.The CBDT statement said: “It was announced that declarations totalling Rs 65,250 crore were received from 64,275 declarants, subject to reconciliation. After final reconciliation, the revised figure of actual declarations received and taken on record was Rs 67,382 crore, which had been made by 71,726 declarants.”
The Sayeds have made the declarations on four PAN cards, three of which were issued in Ajmer in Rajasthan. But later they shifted to Mumbai where the net-worth statements were filed around September.The CBDT and the IT authorities, doubting the genuineness of the Sayeds’ staggering wealth, are puzzled over the possible intentions behind the declaration, given their modest backgrounds.The family lives in an ordinary 2 BHK ground floor flat in an old building, Jubilee Court, in Bandra West, roughly worth around Rs 2.50 crore.
The family has not been seen for several years and they are an unknown entity in the maximum city’s hi-fi and glam circles.The Sayeds’ declaration has raised the antennae of the IT sleuths since under IDS they would be entitled to cough up taxes and penalties of around 45 percent (Rs 90,000 crore) and take away the rest (Rs 110,000 crore) as respectable ‘white money’.More so after Ahmedabad’s Shah – who declared Rs 13,860 crore – has reportedly made it clear that he was merely fronting for some entities who he said he would later expose.
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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