Govt to look into I-T tribunal order on Bofors: Moily

Union Law Minister M Veerappa Moily said the government would look into the income tax tribunal order on Bofors gun deal.

Last Updated: Jan 03, 2011, 23:53 PM IST

Bangalore: Union Law Minister M Veerappa Moily on Monday said the government would look into the income tax tribunal order which said kickbacks of Rs 41 crore were paid to late Win Chaddha and Italian businessman Ottavio Quattrocchi in the Bofors gun deal.

Moily launched a blistering attack against senior BJP leader Arun Jaitley when his reaction was sought on the Income Tax Appellate Tribunal order.

"This is the version of Arun Jaitley. It has to be taken with a pinch of salt. Devil of Bofors is always haunting Arun Jaitley. He is obsessed with it. Let`s go through the order...what is it," he told reporters here.

Moily said Jaitley has "based his theory" on "some IT Appellate Tribunal". "Let`s go through the report. Arun Jaitley has practically spent or overspent his political career only on Bofors (case)".
"His direct linkage to Congress party or its leader is totally baseless and unjustified," he said, accusing Jaitley of being "haunted by Bofors gun".

"I don`t think there is any issue to be made out. As far as the order is concerned, we will look into it," he said.
The Tribunal gave the order while dismissing an appeal by Win Chaddha`s son against income tax department`s claim of Rs 52 crore and Rs 85 lakh from his father for the assessment years 1987-88 and 1988-89.

PTI