4 kg gold, 130kg silver recovered from CAs in Chennai: CBI
CBI claimed to have recovered four kilograms of gold jewellery and 130 kilograms of silver from arrested Chartered Accountants in Chennai which was allegedly meant to be given to Income Tax officials as illegal gratification.
New Delhi: CBI claimed to have recovered four kilograms of gold jewellery and 130 kilograms of silver from arrested Chartered Accountants in Chennai which was allegedly meant to be given to Income Tax officials as illegal gratification.
Agency sources said it examined two senior officials of the Income Tax Department's Investigation wing in Mumbai today in connection with bribery racket busted by CBI on Saturday.
The sources said the jewellery of gold and silver, which is estimated to be worth over Rs 1 crore, was allegedly meant for I-T officers for settling tax disputes of businessmen.
The sources said the questioning of these I-T officials will continue tomorrow even as the role of another officer is being scrutinised.
CBI says it is investigating a larger conspiracy where IT officials, chartered accountants and businessmen were allegedly hand in glove to settle tax probe against companies/individuals and huge amounts are paid.
They said CBI will be moving the special court seeking custody of arrested Chartered Accountant Sanjay Bhandari.
The agency arrested Joint Commissioner in Chennai Salong Yaden,?Chartered Accountants Sanjay Bhandari and Shreyas Bhandari and Managing Director of Chennai-based real estate firm SPG and R G Hitesh Kawad in connection with the bribery scandal.
During the searches, CBI had also seized about Rs 55 lakh in cash from a Chartered Accountant in Mumbai who is alleged to be an associate of the Bhandaris and was in touch with Mumbai-based I-T officials.
CBI sources said those under the scanner include a senior IRS officer if the rank of Deputy Commissioner whose name is being withheld and about five companies which were allegedly paying illegal gratification to settle tax dispute.