new delhi the black money campaign threatens to recoil on yoga exponent baba ramdev who is facing difficulty in responding to an income tax query where the department has sought to know how his closest aide balkrishna managed to acquire rs 45 crore in personal assets as on april 1 2008 in fact balkrishnas association with patanjali yogpeeth trust as its lifetime general secretary has been only since 2005 sources in the it said that balkrishna who joined the patanjali yogpeeth trust in 2005 declared in 2008 that his monthly income varied between rs i lakh and 5 lakh in the three years the mismatch is a significant part of the detailed assessment of transactions and functioning of the ramdevs patanjali yogpeeth trust carried out by the it recently the it audit report has been sent to ramdev for his response before tax demands are raised ramdevs empire is controlled by his flagship patanjali yogpeeth trust which is headquartered in haridwar besides patanjali there are other trusts and several commercial enterprises associated with the yoga guru no tax is paid on income from any of these sources for all practical purposes balakrishna was running the show at patanjali yogpeeth trust which at one point along with its other ayurvedic ventures had a turnover of more than rs 1000 crore the trusted ramdev aide had also signed the trust document as ramdevs nominee besides the it probe the enforcement directorate ed has begun proceedings under the prevention of money laundering act pmla and the foreign exchange management act fema where the agency has already issued notices to ramdev and other members of his trusts for certain foreign transactions tax authorities however said these are independent assessment and has nothing to do with ramdevs campaign against black money and the antiupa posture he adopted towards the end of his ramlila maidan stir a few weeks ago the central board of direct taxes an arm of the revenue department in the finance ministry may withdraw all tax exemption enjoyed by ramdevs trusts for the nature of activities carried out by the yoga guru that are allegedly commercial in nature the gist of the audit findings suggests he is liable for tax like any other business venture since all his ayurvedic ventures were making profit and not furthering any charitable cause for which they were established earlier the ed was looking into ramdev acquiring an island in scotland that was gifted to him by one of his followers a poddar couple when the agency probed the poddars association with the yoga guru it found the couple held shares in ramdevs patanjali ayurved ltd the other major stakeholder was balkrishna who has already been once arrested by the cbi and is now in eds custody