Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: TDS :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: cpt :: articles on VAT and GST in India
 
 
News Headlines »
 How to link your Aadhaar and PAN details to file income-tax returns
 How to calculate capital gains tax on property sold at less than stamp value?
 Return Filing - Under GST, this is how you will file tax returns from July 1
 Income tax filing FAQs part 1
 Filing Income Tax Returns? Things To Keep In Mind As Deadline Approaches
 Filing of online return for 4th quarter of 2016-17- extension of period thereof.
 New tax accounting standards may reduce leeway for infrastructure companies
 GST – CONCEPT & STATUS – As on 01st May, 2017
 Govt extends VAT deadline, relief for developers
 Income Tax Appellate Tribunal Rules, 2017
 Got your Form 16? You should file income tax returns early to enjoy benefits

Joint Commissioner of Central Excise awarded 3 years RI for Corruption
November, 05th 2007

Corruption in IRS has taken its toll with CBI Court convicting and awarding three year Rigorous Imprisonment and Rs.50,000/- fine to Joint Commissioner of Central Excise, V.Jayaraman for possessing assets disproportionate to known sources of income. The Special Judge for CBI cases, Madurai also awarded one year Rigorous Imprisonment each to his wife, Smt. Waheed Jayaraman and his father, P.Velu for abetting him in acquiring the properties.

CBI in its FIR had alleged that Shri V. Jayaraman, during the period 1998 -2004 Joint Commissioner acquired four properties including three houses, two cars, FDs, shares, bank balance. etc. worth Rs.60.02 lakh which he could not satisfactorily explain and was thus living beyond known sources of income. The properties were acquired in the names of V. Jayaraman, as well as his wife and father. The IRS Officer was found to be in possession of disproportionate assets to the tune of Rs.45.62 lakh. He had acquired two of the houses showing lower value in the documents while as per evidence collected it was found that the actual value was much higher. It was also found by CBI that his wife, Smt. Waheeda Jayaraman and his father, Shri P. Velu had abetted Jayaraman in acquiring these properties.

After trial, the CBI Court found the Joint Commissioner and his family members guilty of the offence of corruption and convicted them.

IRS Officers command a dowry of Rs 1 to 2 Crore as the brides parents eye the lifestyle to be enjoyed by the bride after marriage but after such incidents the market rate of IRS Probationers is going to come down as even their wives can be charged by CBI for abetting in corruption and will also have to share prison with them in case of a CBI raid.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions