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: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: cpt :: VAT RATES :: due date for vat payment :: empanelment :: TDS :: list of goods taxed at 4%
 
 
Direct Tax »
 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
 Here’s what Income Tax Department did leading up to demonetisation
 I-T department asks IDS declarants to pay tax by November 30
 Cash trove tax drive dilemma
  CBDT halves Income Tax refunds issue timeline to 15 days for this fiscal
 CBDT signs four unilateral advance pricing agreements
 Central Board of Direct Taxes allowed Rs 4,500 crore of irregular benefits to infrastructure companies: CAG

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 2016 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