Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: TDS :: cpt :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: VAT Audit :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARDS :: form 3cd
Direct Tax »
 How to save tax; amazing tips to make your money stay in your wallet Income tax returns (ITR) filing
 Want to save tax? Here are the best options
 Suggestion For Option To Assessee For Higher And Lower TDS/TCS For Optimization Of Tax Collection And Refunds
 CBDT to conduct nationwide review of tax collection for FY18 today
 Here are a few last-minute tax saving ideas Not planned taxes yet?
 Confessions of a fake CA exposes lacuna in e-filing of tax return
 Greetings from the income tax department
 Scrambling to scrounge proof of tax-saving investment
 5 tips to save your money Do not make this big income tax returns filing mistake
 I-T e-assessment: CBDT notifies new communication scheme
 Which income tax form to use; all you want to know in short and precise manner

Finance ministry used secret funds to pay private sleuths
June, 30th 2011

Fearful that the office of its minister was being bugged, the finance ministry had instructed the Central Board of Direct Taxes ( CBDT) to use the secret funds of Income Tax investigation to engage a private agency to conduct a debugging operation after it was found that none of the revenue intelligence agencies under the FM had the wherewithal.

The finance ministry has under its arm the Central Economic Intelligence Bureau, I-T Investigation, Directorate of Revenue Intelligence and the Enforcement Directorate all, except for CEIB, having state-of-the-art equipment to intercept phone calls.

A private agency was hired to do the operation in the offices of FM and his close aides. Immediately after the operation, the FM's office removed the usual cleaners and housekeeping staff responsible for changing flowerpots, fearing that Intelligence Bureau (IB), under the home ministry, might have been using them to plant bugs in table corners or on flower vases.

During his interaction with a group of editors on Wednesday, Prime Minister Manmohan Singh said that the intelligence bureau had conducted an investigation on a "need to know" basis and reported that no bugging had taken place. He indirectly confirmed that home minister P Chidambaram may not have known of the probe.

"I asked the IB to do a thorough check. The IB reported back to me that there was nothing of the sort," the PM said.

A former joint director of the Intelligence Bureau, who was representing the private agency hired by the FM for debugging operation, S K Gupta, told Times Now that he had identified 16 spots where bugs may have been pasted.

"I was called in last September by senior finance ministry officials to carry out a security audit. I found 16 off white adhesives in the offices," Gupta said, rejecting media reports that they were chewing gums. He said he had also submitted a report to the FM containing 11 recommendations.

However, playing down the controversy on hiring of an outside agency for a sensitive office like the FM's, Gupta, who is also the joint MD of the private agency BCL Security, said: "My checks were in an individual capacity".

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Desktop Application Development Outsourcing Desktop Application Development Offshore Desk

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