Actress Srividya’s flat put up for auction by I-T dept
Chennai: The Income Tax department has put up for auction a flat owned by the late actress Srividya. The auction is to recover outstanding tax liabilities of the actress. Rs 45 lakh is pending to be paid to the I-T department. The auction will take place on March 26.
The auction is being carried out with the consent of actor and MLA Ganesh Kumar, who is the executor of her will. The price fixed for the flat is Rs 1.14 crore.
Presently, advocate Umashankar has taken the flat for rent. They pay a monthly rent of Rs 13,000 to the I-T department. As Srividya had not paid the tax since 1996, this rent is not sufficient to clear the outstanding amount, which is why the flat is put up for auction.
Srividya died of cancer in 2006, at the age of 53.