Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief
 Digital Efficiency for MSMEs: The Tally Prime Advantage
 5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups
 Result of the Information Systems Audit [ISA] Assessment Test held on 8th November 2025 is likely to be declared on late evening (around 9 pm) of 16th November 2025.
 Income Tax: What is revised I-T return which you can file till the end of the calendar year?
 Creating Vouchers Directly from Bank Statements in Tally Prime A Complete Step-by-Step Guide
 Payroll Management in Tally Prime 7.0 Expected Enhancements, Current Features, and Future Scope
 How to Change Current Period in Tally Prime Step-by-Step Guide for Users
 Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India
 How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses
 How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide

I-T department to investigate over billing of goods
October, 25th 2010

The Commonwealth Games probe gets wider - Income Tax (I-T) department to investigate over billing of goods used in the Games Village. The Comptroller and Auditor General (CAG) will be expanding the scope of its audit. The CAG will be examining contracts between parties responsible for construction related works.

Earlier, Games Village organisers were caught in an embarrassing situation just days before the opening of the Games when pictures of dirty toilets, dogs littering in the rooms and in-operational lifts appeared in the media.

After raids on major firms that bagged contracts, the I-T dept is all set to investigate other discrepancies.

The Income Tax department will investigate the alleged overbilling of goods like air conditioners that were reportedly bought for higher prices. It will be closely examining the rate contracts and comparing market and procurement prices.

Sources in the department said the I-T probe will specifically look into the contracts awarded by the Games Organising Committee and the role of its officials and contractors including charges of bribing which include PICO international and Deepali Designs, of which the BJP member Sudhanshu Mittal was a Director, G L Litmus and Meroform consortium, Comfort Net and Nussli India consortium and ESG Arena and D-Art furniture.

The I-T department had conducted searches at about 30 locations in and around the National Capital on October 19 as part of its probe into alleged financial irregularities in works related to the Commonwealth Games.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting