Late actor Srividya's flat in Chennai goes for auction to recover the tax arrears of Rs.45 lakhs. K.B.Ganesh Kumar, who is the custodian of Srividya's properties has given consent to put the flat for sale through auction to recover the dues, as per the statement from the Income Tax department.
The flat was rented out while Srividya was alive for Rs.13,000. IT Department says that the tax arrears do not match with the rent deposit.Tax arrears from 1996 onwards amounts to Rs.45 lakhs. Hence the flat is being auctioned.