The Central Bureau Of Investigation has arrested an Income Tax Officer and a Chartered Accountant for demanding and accepting a bribe of Rs. Five Lakhs from the Complainant.
A case was registered by CBI against an Income Tax Officer, Ward 4(3), Unity Building, Bangalore and a Chartered Accountant Lakshmi Complex, K.R Road, Bangalore u/s 120-B r/w 7 & 8 of PC Act 1988. It was alleged that the accused persons had demanded an illegal gratification of Rs 20 lakhs for settling the income tax liabilities of the complainant. CBI laid a trap and both the accused persons were arrested while accepting a bribe of Rs 5 lakhs as part of the Rs 20 lakhs demanded by them.
Searches were conducted at the residential premises of the accused persons which yielded a recovery of incriminating documents including investment details from the ITO and cash of Rs 50 lakhs(approx) along with incriminating documents from the CA. Incriminating documents are being scrutinized.
The arrested accused persons are being produced today before the Special Judge for CBI cases, Bangalore.
Further investigation is in progress.