Income Tax dept rejects V G Siddhartha's allegation of harassment: Report

VG Siddhartha said in a letter two days ago he felt harassed when the department attached has shares.

Income Tax Department officials on Tuesday said their probe of V G Siddhartha, the missing promoter of the Café Coffee Day chain, followed the law and rejected his allegations of harassment.

Siddhartha, who disappeared on his way to Mangaluru from Bengaluru in Karnataka, said in a letter two days ago he felt harassed when the department attached "our shares on two separate occasions to block our Mindtree deal and then taking position of our Coffee Day shares, although revised returns have been filed by us".

"This was very unfair and has led to a serious liquidity crunch," he said.

Refuting the charges, the