Shah Rukh Khan Alibaug Property Case: Verdict Announcement Postponed

Trouble continues for the ‘King of Bollywood’ Shah Rukh Khan as the Income Tax Department continues to probe into his Alibaug property matter. It is reported that the Raees actor will not get any respite on the case till December 2018 from the Income Tax department which is currently investigating the case.

The actor has been accused of buying the Alibaug property under the false pretense of using it for agricultural purposes, and instead built a farmhouse on the land. Owned by the actor under the name of Deja vu Farms Pvt Ltd., the actor bought the property under Section 63 of the Bombay Tenancy and Agricultural Lands Act, 1948 (which stipulates that only a farmer can buy agricultural land) and instead has been using it for luxurious purposes.The property dispute has now reached New Delhi and there will be a hearing with both parties before giving an order in this matter.

The luxurious mansion, spread over an area of 19,960 sq meters is equipped with comforts such as a swimming pool, a private helipad, a private football ground and a part of the beach. Valued by some at approximately 14.67 crores, the actor uses it for quick getaways, or to entertain guests.