Bollywood actress Shilpa Shetty Kundra’s legal representative has stated that there was no Income Tax raid at her and husband Raj Kundra’s residence in Mumbai.
Media reports had claimed that officials from the IT department raided the couple’s home. However, Prashant Patil, the actress’s legal representative, clarified, “On behalf of my client Mrs. Shilpa Shetty Kundra, I can confirm that there is no Income Tax ‘raid’ of whatsoever nature against my client. There is a routine verification by the income tax officials pertaining to follow up with my client Mrs. Shilpa Shetty Kundra.”
He further stated, “Whomsoever has mischievously claimed in the public domain that these developments have anything to do with the alleged Economic Offence Wing case shall face legal consequences before the appropriate court of law. At the cost of repetition, my client Mrs. Shilpa Shetty Kundra states that there is no income tax ‘raid’ at her place.”
Prior to this clarification, the actress had firmly rejected “the baseless and motivated allegations” concerning the Economic Offences Wing (EOW) of the Mumbai Police invoking Section 420 (cheating) of the Indian Penal Code against her and her husband, Raj Kundra. On her Instagram Stories, she issued a detailed statement dismissing the allegations.
She mentioned, “We categorically deny the baseless and motivated allegations being circulated. The issues sought to be raised are being given a criminal colour without any lawful basis. A Quashing Petition has already been filed before the High Court and is pending adjudication. Having fully cooperated with the investigation, we are sanguine that justice will prevail and have complete faith in the law enforcement authorities and the judicial system of our country. We respectfully urge the media to exercise restraint as the matter is subjudice.”
The case involves an alleged INR 60 crore fraud and cheating scheme against Shilpa Shetty Kundra and Raj Kundra, filed by Mumbai-based businessman Deepak Kothari. The complaint alleges that between 2015 and 2023, Kothari invested around INR 60 crore in Best Deal TV Pvt. Ltd., a company connected to the couple, based on promises of returns and repayment.
According to the FIR, it is claimed that the funds were diverted and not returned despite multiple requests, resulting in charges. The couple has denied any criminal intent, asserting that the matter is civil in nature due to business failures and insolvency proceedings of the company. During related proceedings, the Bombay High Court issued directions concerning travel restrictions. The investigation is still ongoing, and no conviction has been recorded.