I-T official held for accepting Rs 50 lakh bribe
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Last Updated: Tuesday, August 30, 2011, 20:48
  
New Delhi: The CBI has arrested a senior Income Tax department official from Chennai and two others, including the Managing Director of a private educational firm, on charges of accepting a bribe of Rs 50 lakh from the latter in a tax evasion case.

The sleuths nabbed Additional Income Tax Commissioner Andasu Ravindar, an IRS of 1991 batch, along with Kishore, Managing Director of Everonn Educational Ltd, Perungudi, and one Uttam Chand Bohra while Ravindar was allegedly trying to transport the bribe money to a safe location from his residence, CBI officials said.

"The agency also carried out search operations at Mumbai, Hyderabad, Vizag, Bangalore and Chennai resulting in seizure of Rs 48 lakh from the private person's residence and Rs.10 lakh from other places. The bribe amount of Rs 50 lakh and the gold jewellery weighing 1.8 kgs were seized from the residence of Additional Commissioner," CBI spokesperson Dharini Mishra said.

During a search operation on August four at the premises of Everonn Educational Ltd, which provided in-school education through internet, Ravindar found that the firm had allegedly concealed taxable income of Rs 116 crore.

After the search operation, Managing Director of the firm Kishore allegedly contacted Ravindar through a chartered account T Bhanu Sekar to conceal Rs 60 crore of taxable income out of Rs 116 crore detected by the search and survey department, the officials said.

Sekar who was well known to Income Tax officials arranged a meeting between Ravindar and Kishore in Mumbai on August 10 to negotiate and reduce the Income Tax liability, the agency officials said.

After negotiations Ravindar allegedly demanded Rs 50 lakh as bribe for concealing the taxable income and reducing tax liability of the firm which was to be handed over to him at his residence, they said.

As planned, the Managing Director allegedly brought the money packed in a cardboard box used for packing fans at the scheduled time.

While Ravindar was allegedly trying to smuggle this amount to some unknown place through Bohra, CBI sleuths nabbed three of them and seized the bribe money, the officials said.

The agency has registered a case of criminal conspiracy and slapped relevant provisions of the Prevention of Corruption Act against the trio.

PTI


First Published: Tuesday, August 30, 2011, 20:48


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