CBI files graft cases against 9 I-T officials, 3 Chartered Accountants
PrintListen to this Article
“The agency has carried out searches at 17 locations in Delhi, Mumbai, Bangalore, Chennai, Hyderabad and Khammam,” said a senior CBI officer. The agency recovered documents related to properties worth `2.6 crore, cash of `16 lakh, 4.25 kg of gold jewellery besides 13 kg of silver articles during searches at the premises of one of the officials.
Fixed deposit receipts worth `68 lakh were recovered from another official. Underlining that these were initial recoveries, they said the searches are still going on and that more recoveries could be made soon.
The agency has registered a case against Principal Commissioner Income Tax of Delhi S K Mittal, Additional Commissioner (exemption) Bangalore T N Prakash, Deputy Commissioner (Investigation) Chennai S Murali Mohan, Commissioner Chennai Vijayalakshmi, Additional Commissioner Mumbai S Pandian, Commissioner Mumbai G Lakshmi Baraprasad, Additional Director General Ghaziabad Vikram Gaur and Additional Director Mumbai Rajendra Kumar.
They have been booked under various sectiona of the Prevention of Corruption Act. The agency got a tip off that chartered accountant Sanjay Bhandari and his sons Shreyansh and Divyang were providing various favours to many Income tax officers across the country.
It is alleged that these officials were availing favours including stay, conveyance and flight travel at the expense of the chartered accountant and his sons and helping him in the cases of his clients as quid pro quo.
“Many more officials are involved in the case and we are trying to trace them,” said the officer adding that a few other chartered accountants have also income tax officers on their “pay roll”. The present case stemmed from another case registered by the agency in January, 2015 in which Bhandari was named along with Joint Commissioner Sallong Yaden who was arrested while allegedly ‘receiving’ the bribe amount from Shreyans Bhandari of SH Bhandari and Co, Chartered Accountants.
Yaden had allegedly demanded and accepted the bribe for giving a ‘favourable’ report on the Income Tax search conducted on a city-based private company, the CBI said. The CBI found a deep rooted nexus between Bhandari and senior I-T officials who were allegedly giving favourable reports for his clients in lieu of favours received from him. #casansaar (PTI - New Indian Express)
Category : Chartered Accountant | Comments : 1 | Hits : 3335
Praveena Anjana of Udaipur has been crowned Miss International India 2023, gaining her position to represent India at the Miss International pageant in Japan this October. Praveena Anjana of Udaipur has been crowned Miss International India 2023, gaining her position to represent India at the Miss International pageant in Japan this October. Anjana, 23, is a chartered accountant by profession who has been interested in fashion and beauty since she was a kid. She began modell...
A chartered accountant absconding for the past five years after allegedly duping people of around Rs 20 crore has been arrested, Delhi Police officials said on Friday. According to a complaint, accused Anil Kumar Bansal, the proprietor at SBM Export Ltd, procured electronic goods on forged documents in 2018 and didn’t pay for those, they said. Special Commissioner of Police (Crime) RS Yadav said in 2018, complainant Arun Kumar Khatri alleged that Bansal had hatched conspiracy and dishon...
Directorate of Enforcement has provisionally attached 59 immovable and movable properties including 53 plots, commercial shops, Industrial plots, agricultural land located at Delhi, Noida, Sonepat, Jalandhar, Hyderabad and balances in bank accounts having value of Rs. 28.67 Crore belonging to Sunil Dhupar, former CA and statutory auditor of M/s Shakti Bhog Foods Ltd & his family members/ companies etc etc under the Prevention of Money Laundering Act, 2002 in the case of M/s Shakt...
In a bizarre case of poor corporate governance, Milestone Furniture, a BSE-SME listed company has delayed announcing its quarterly results because its chartered accountant has “disappeared”. In a statement to the stock exchange, the company said, “The Board Meeting held on 25th day of May 2023 ... discussion was held on Financial Results; the Chairman told the board that the existing Chartered Accountant named CA Bhupendra Gandhi disappeared and is not answering the calls, s...
MahaRERA has issued show-cause notices to chartered accountants and has also written to the Institute of Chartered Accountants of India after it noticed that MahaRERA regulations were being violated as the same chartered accountant has been engaged for the role of the project auditor as well as that of the statutory auditor. Under MahaRERA rules, promoters while withdrawing money from the bank have to submit form 3 certified by the project auditor. Similarly, the developer is also required to...
Comments
RAVITOSH KUMAR
23-Jun-2016 , 11:02:27 amno action for more than one year by ICAI?