IT order to Gujarat on investment MoUs routine – FM

Finance Minister Pranab Mukherjee today dubbed IT order on investment MoUs signed during Vibrant Gujarat Summits as “routine”, but admitted it followed complaints by Leader of the Opposition in the State Assembly, seeking to know source of funds. Making a statement in the Rajya Sabha, he said in December, Leader of the Opposition in Gujarat Vidhan Sabha (belonging to Congress) had made a complaint that source of large funds committed for investment in the state during the biennial summits should be investigated by the IT authorities.

“Verifications of allegations made in any complaint is routinely carried out by the Income Tax Department,” the Finance Minister said.

The BJP had yesterday created a ruckus in the Upper House and described the IT move as an “assault” on the federal character of the country.

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