NK Sharma evaded Rs. 1.3cr stamp duty: Sukhpal Singh Khaira

Story By: H.negi
Wednesday, November, 13 2013 - 13:25

The Congress hit back at Punjab revenue minister Bikram Singh Majithia for highlighting Rs. 44-lakh stamp duty evasion by state party unit president Partap Singh Bajwa, saying that the minister had avoided his own party  treasurer NK Sharma's similar evasion of Rs. 1.3 crore. The party also demanded a probe into Sharma's land deals, accusing him of evading stamp duty to the tune of more than Rs. 100 crore.

Khaira mentioned that the Rs. 1.30-crore evasion by Sharma in the purchase of 11 acres at Zirakpur vide sale deed No 18310 dated March 28, was nothing but the tip of the iceberg of his scandalous transactions.Khaira released copies of a sale deed (3969) dated August 14, 2008, of NK Sharma Enterprises Ltd, that sold 17 bighas (4.25 acres) at Zirakpur for Rs. 25 crore at the rate of Rs. 12,153 per sq yard to the Indian Railway Welfare Organisation (IRWO), merely 100 yards away from the said 11 acres purchased by Sharma on March 28, 2013, at Zirakpur for Rs. 25 crore at the rate of Rs. 4,695 per sq yd.

NK Sharma sold a piece of land at Rs. 12,153 per sq yd five years ago, then purchased 11 acres in the same village in 2013 for Rs. 4,695 per sq yard at less than half the rate of what he sold in 2008?" he asked.


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