FIVE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.7.50 LAKH EACH TO THEN ADDITIONAL COMMISSIONER AND DEPUTY COMMISSIONER OF INCOME TAX FOR CAUSING LOSS OF RS.4.16 CRORE (APPROX) TO GOVERNMENT EXCHEQUER

Press Release
New Delhi , 02.08.2016

The Special Judge for CBI Cases, Bangalore has convicted Shri Dhirendra Kumar Jha, then Additional Commissioner of Income Tax, Bangalore & Shri U.A. Chandramouli, then Deputy Commissioner of Income Tax, Bangalore and sentenced them to undergo five years rigorous imprisonment with fine of Rs.7,50,000/- each for causing loss of Rs. 4.16 crore(approx) to Government Exchequer.

CBI had registered a case on 26.09.2008 against Sh. U.A Chandramouli, then Deputy Commissioner of Income Tax, Bangalore & Chairman of M/s. Children’s Educational Society, J.P. Nagar, Bangalore U/s 120-B, 218, 420 of IPC and Sec. 13(2) r/w 13(1)(d) of PC Act, 1988. After completion of investigation, a charge sheet was filed on 21.04.2010 against Sh. U.A Chandramouli, then Dy. Commissioner of Income Tax, Bangalore; Chairman of M/s. Children’s Educational Society, J.P. Nagar, Bangalore & Shri. Dhirendra Kumar Jha, then Addl. Commissioner of Income Tax, Bangalore alleging that the public servants had entered into a criminal conspiracy with the Chairman (private person) in the assessment of income tax of M/s. Children’s Education Society and fraudulently returned a key document reflecting financial transactions of M/s. Children’s Education Society with Bangalore based constructions company without retaining the copies on record. The assessment of M/s. Children’s Education Society for the financial year 2003-04 was carried out on 22.12.2006 by the said officials of Income Tax Department, ignoring the aforesaid transactions and reducing the tax liability which had caused an alleged loss of Rs. 4.16,21,067/-(approx) to the Income Tax Department(Govt. of India) and corresponding gain to the assessee. The Chairman of M/s. Children’s Educational Society, J.P. Nagar, Bangalore expired during the trial. Hence, the case against him was abetted.

The Trial Court found both the Additional and Deputy Commissioner of Income Tax guilty & convicted them.

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