IT notice to Adobe CEO on ransom

The Income Tax Department has slapped a notice on Adobe India CEO Naresh Gupta, who allegedly paid a huge ransom to kidnappers for release of his three-year-old son Ananth last month. The case had received much media focus.

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

The department has sought from Gupta details about his property, bank balance and other details 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, who probed the case.

Anant, who was kidnapped on November 13 from near his residence in Noida, was released on November 17.