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Adobe India CEO under I-T scanner

Naresh Gupta has been summoned to find if the amount he paid for his son's release was part of any hidden income.

india Updated: Dec 14, 2006 17:09 IST
Press Trust of India
Press Trust of India

The Income Tax Department has slapped a notice on Adobe India CEO Naresh Gupta, who had allegedly paid a huge ransom to kidnappers for release of his three-year-old son Anant in November.

Additional Income Tax Commissioner Amar Vir Singh has asked Gupta to appear before him on December 28, informed sources said.

The department has sought from Gupta details about his property, bank balance and other things to determine that the alleged ransom amount was not part of any hidden income, the sources said.

The ransom amount was allegedly recovered from a village in Bulandshahr district by Noida Police which probed the case.

Anant, who was kidnapped on November 14 from near his residence in Noida, was released on November 17.

First Published: Dec 14, 2006 17:09 IST