CBI ARRESTS TWO ASSISTANT COMMISSIONERS OF INCOME TAX IN AN ALLEGED BRIBERY CASE OF Rs.TEN LAKHS
The Central Bureau Of Investigation has today arrested an Assistant Commissioner of Income Tax, Aaykar Bhavan, S.T. Nagar, Thrissur along with another Assistant Commissioner of Income Tax in an alleged bribery case of Rs. Ten lakhs.
A case was registered U/s 109 of IPC r/w Sec. 12 of PC Act, 1988 & Sec. 7 of PC Act, 1988 against an Assistant Commissioner of Income Tax, Aaykar Bhavan, S.T. Nagar, Thrissur and a Auditor of a Thrissur based private firm of Chartered Accountants.The complainant in this case had alleged that he was regularly paying income tax as per his business transactions. The Income tax authorities had issued a notice to his firm during 2012 stating therein, that they wanted to scrutinise the accounts of his firm for the fiancial year 2010-2011. Accordingly the book of accounts were produced through his Auditor of a Thrissur based private firm of Chartered Accountants. The Auditor informed the complainant that his firm’s books of accounts were scrutinised by the Assistant Commissioner of Income Tax Thrissur and informed through the auditor that he has to be paid Rs.50 lakhs as penalty for the contravention of the Income Tax Act & Rules and allegedly demanded Rs.10 lakhs as bribe to settle the matter. The complainant alongwith his auditor visited the office of Assistant Commissioner of Income Tax and during this time, the Public Servant allegedly reiterated his demand of Rs.10 lakhs for reducing the penalty from Rs.50 lakhs to Rs. one lakh.
CBI laid a trap and the Assistant Commissioner of Income Tax Thrissur alongwith his colleague another Assistant Commissioner of Income Tax were caught red handed while demanding & accepting a bribe of Rs.10 lakhs from the Complainant.
Both the arrested accused are being produced before the Court.
Source- CBI Press Release, New Delhi , 22.03.2014
50000 crores shortfall in revenue target in current year due to corruption in Income tax.
all CA firms are private. the report appears casual.