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: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: TDS :: form 3cd :: ACCOUNTING STANDARD :: due date for vat payment :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: articles on VAT and GST in India :: VAT Audit
 
 
Direct Tax »
 Senior IRS officer Rajendra Kumar appointed new CBDT member
 Income tax raids continue on premises of three Chennai businessmen
 Hopeful of meeting direct tax collection target for this financial year: CBDT
 Bengaluru tops in income tax probes after demonetisation
 Income Tax department rejects black money disclosures of over Rs 2 lakh crore
 CBDT urges people to protect bank accounts from 'unscrupulous elements'
 No change in gold seizure norms in proposed I-T Law amendments
 Direct tax collection will get a long-term boost, Franklin Templeton says
 I-T Act amendments upset calculations of cash hoarders
 Claim tax benefit on costs incurred to evict tenants
 The Integrated Goods And Services Tax Act, 2016

CBI arrests Deputy Commissioner Income Tax
April, 17th 2015

CBI today arrested a Deputy Commissioner of Income Tax at his Central Revenue Building office here for allegedly receiving a bribe of Rs 1.5 lakh from an industrialist for settling tax issue.

CBI sources said an IRS officer of 2008 batch M Logapathy, posted as Deputy Commissioner Income Tax here, along with an alleged middleman Hitesh Kumar, Logapathy's personal attendant Abhishek Kumar and businessman Vikas Singla were arrested in connection with the bribery case.

The sources said the four were detained yesterday and were taken into custody early this morning after a thorough search and seizure operation during which the bribe amount was recovered by CBI.

They claimed the agency has recovered property documents worth crores of rupees from Logapathy's possession indicating his alleged connivance in many other such cases in which it suspected that he was taking one per cent of the tax demand as Commission for settling these issues.

The sources said bribe of Rs 1.5 lakh was allegedly given to Logapathy by Vikas Singla, Director CBS Steel Private Limited, through advocate Hitesh Kumar in a case of alleged tax evasion.

Giving details of the operation, the sources said Kumar and Logapathy were under the scanner of the agency for quite some time and CBI was keeping an active surveillance on them listening to their conversations through phone intercepts and other means.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

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