CA NeWs Beta*: Despite “Anti-Corruption Pledge”, Income-Tax Dept Remains Den Of Corruption. After Two CCsIT, JCIT Held For Corruption

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Monday, December 14, 2015

Despite “Anti-Corruption Pledge”, Income-Tax Dept Remains Den Of Corruption. After Two CCsIT, JCIT Held For Corruption

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

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