The Central Bureau of Investigation (CBI) has made the grim announcement
that a high-ranking Joint Commissioner of Income-tax in Mumbai has been
arrested for demanding and accepting a bribe of
Rs. 5 lakh from a real
estate developer for not initiating action and ‘settling’ an income tax
matter. The officer was earlier accused by the authorities of not only “
causing
loss of revenue but was playing mischief with assessment records by
manipulating, back dating order sheet entries, after passing assessment
orders“