CBI raids Income Tax Official: Locates assets worth several Lakh Rupees
Last updated: 04 August 2007
New Delhi, 14.06.2007
CBI raids Income Tax Official: Locates assets worth several Lakh Rupees
CBI''s Anti-Corruption Branch of Delhi, after registering a case under Prevention of Corruption Act against an Income Tax Inspector, today conducted raids at three places in Delhi and found assets worth several lakhs of rupees belonging to the Inspector or his kin. The searches were conducted at Shyam Enclave, Delhi, Commercial complex/hostel by the name of Homefeel Hostel at Radhey Shyam Park, Sahibabd (U.P) and at the office of the Director (Exemption), Laxmi Nagar District Centre, Delhi where the accused Inspector is employed. During the searches, CBI officials found a double-storey house at Shyam Enclave, a three-storey commercial building being run as a boys hostel at Shahibabad, a Santro car worth Rs.3.5 lakh, jewellery and cash and fixed deposit receipts worth Rs.16.5 lakhs.
Besides the above, 12 bank accounts in the name of the accused and his family members have been located. The balance in these accounts is being ascertained. Two bank lockers in Oriental Bank of Commerce, Surajmal Vihar Branch, Delhi have been found and the lockers are yet to be operated.
The FIR registered against the accused Income Tax Inspector for possession of assets disproportionate to his known sources of income alleges that he joined the Income tax department during 1975 as a Lower Division Clerk. The total income of the accused consisting of his salary and the income claimed by his wife shown in the income tax returns is calculated to be Rs.20.49 lakh as against his likely savings of Rs.19.78 lakh and the disproportion amount is Rs.31.60 lakh, the FIR alleges.
Comments
Recent News :
- ICAI Proposes Mandatory Qualifications for Forensic Audit Professionals
- GST Collections from Healthcare and Life Insurance Raised Over Rs 16000 Crore in FY24
- Ministry of Finance Notifies Amendments to GST Appellate Tribunal Jurisdiction
- CBDT Releases FAQs On PAN 2.0 Project
- GSTN Issues Advisory for Reporting TDS Deducted by Scrap Dealers in October 2024
- NFRA Approves 40 Auditing Standards and Quality Management Rules for LLPs
- CBDT Recognizes SKAN Research Trust as Research Association for Tax Deductions
- GST Council to Review GoM Report on Health Insurance, Says Finance Ministry
- ICAI Unveils Groundbreaking CA GPT Platform Featuring Annual Reports of 5000 Listed Companies
- Cabinet approves the PAN 2.0 Project
Popular News
- CBIC Extends GSTR-3B Filing Deadline for Oct 2024 to Nov 21 for Maharashtra and Jharkhand
- Cabinet approves the PAN 2.0 Project
- GST Collections See Sharp Decline Across Major States in H1 FY25
- GSTN: Resolution Underway for Duplicate Invoices in GSTR-2B for September and October 2024
- ICAI Urges MCA to Reconsider NFRA's Audit Standard Amendments
CAclubindia
