Thiruvananthapuram

27°C

Mist

Enter word or phrase

Look for articles in

Last Updated Thursday December 03 2020 07:37 AM IST

No one turns up to buy Srividya's flat, auction postponed

Text Size
Your form is submitted successfully.

Recipient's Mail:*

( For more than one recipient, type addresses seperated by comma )

Your Name:*

Your E-mail ID:*

Your Comment:

Enter the letters from image :

No one turns up to buy Srividya's flat, auction postponed The flat which was owned by the late actress Sreevidya is currently rented by Umasankar who is a lawyer.

Chennai: As no one turned up to buy the late Malayalam actress Srividya's flat here, the Income Tax Department (I-T Department) has postponed the auction.

The flat was put on auction by the I-T department to recover the tax arrears, which amounts to Rs 45 lakh. The base amount of the flat was fixed at 1.14 crore.

Earlier, the officials at the I-T department had said that they were going ahead with the auction proceedings with the permission of KB Ganesh Kumar, Malayalam film actor and Pathanapuram MLA, who is the legal custodian of Srividya's properties.

The flat is currently rented by one Umasankar, a lawyer.

Umasankar said he had rented the flat from Srividya in 2005, before the actress succumbed to cancer one year later. He had been paying a monthly rent of Rs 13,000.

Srividya had not paid the tax from 1996 until her death; hence the arrears skyrocketed to a whopping Rs 45 lakh.

The I-T department has decided to auction off the flat as the monthly rent of Rs 13,000 collected from the tenant is insufficient to cover the arrears.

Read more from Entertainment

Email ID:

User Name:

User Name:

News Letter News Alert
News Letter News Alert