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: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: VAT Audit :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT RATES :: list of goods taxed at 4% :: cpt :: empanelment :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
« Service Tax »
 Service tax officials transferred for favouring realtor
 GST, a challenge and opportunity for accounting professionals’
 Service Tax On Hotels And Restaurants – Recent Delhi High Court Judgment
 GST Council discusses 4-tier tax rate, cess on demerit goods
 Why you shouldn’t miss these three simple tax saving options beyond Section 80C
 Determination of value for transactions between the Related parties under GST Laws.
 Higher collections can offset GST losses
 GST to subsume over a dozen Central, State taxes
 Incidence of indirect taxes won't go up under GST
 Advanced Budget date: Absence of a GST rate may present estimation challenges
  Tax queries answered by Dilip Lakhani, Senior Chartered Accountant

CBI seeks service tax details from MC
June, 03rd 2014

The CBI team, probing the allegation of huge financial embezzlement with the controversial allotment of 86 public toilets to Selvel Media Private Limited Company by the civic body, has once again raised questions over the role of the public health wing of municipal corporation's (MC) engineering department by seeking payment details of the service tax paid to the central government.

In a letter to the public health wing of MC's engineering department last week, Joint MC Commissioner Rajiv Kumar Gupta has asked it to provide all the detail related to the service tax amount a?? such as who all paid the service tax, how much service tax amount was paid, and the specific period of the payment of tax and so on.

Sources in the MC revealed that already facing a huge criticism for its alleged financial fraud in the public toilets' allotment case, this recent internal scrutiny has once again brought MC's public health wing under scanner with regards to service tax. "It has been revealed that Selvel Media, which was supposed to pay service tax, didn't pay a single penny. Instead, it was the public health wing of MC's engineering department that paid the money a?? which amounting to lakhs a?? by diverting other funds. It is not only shocking, but a matter of grave concern. Therefore, after probing the matter internally, now details are being sought from the public health wing in writing so that all the anomalies and glitches are revealed," said an official of the MC, pleading anonymity.

For a detailed probe, the CBI has written to both UT and MC officials to provide details regarding the case.

Prime suspects

Three senior officers a?? two former and one serving a?? are under the CBI's radar and the premier investigation agency has already registered preliminary enquiry (PE) against them. Municipal corporation officials named in the PE include then chief engineer S K Bansal, Superintending Engineer (public health division) Sita Ram Aggarwal and Executive Engineer (public health) R C Diwan who is at present SE in MC's engineering wing.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

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