LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Crackdown against black money: Axe falls on 21 I-T officials charged with corruption

The axe has fallen on Group B officers of the rank of income tax officer (ITO) under Clause (j) of Rule 56 of the Fundamental Rules.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Crackdown against black money: Axe falls on 21 I-T officials charged with corruption
The axe has fallen on Group B officers of the rank of income tax officer (ITO) under Clause (j) of Rule 56 of the Fundamental Rules.
Written By: IANS
Updated: Wed, Nov 27, 2019
08:49 am
New Delhi, IANS
RELATED NEWS
PAN Aadhaar Link: Last date is fast approaching! Failing to do this may lead to Rs 10,000 penalty PAN Aadhaar Link: Last date is fast approaching! Failing to do this may lead to Rs 10,000 penalty
Your PAN card may soon become inoperative; you may be fined too if you miss this deadline — Check last date Your PAN card may soon become inoperative; you may be fined too if you miss this deadline — Check last date
Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now
Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai
I-T department allows condonation of delay in filing audit reports by trusts, institutions I-T department allows condonation of delay in filing audit reports by trusts, institutions

Within months of showing the door to a dozen senior Income Tax (I-T) officials on alleged charges of misconduct, the axe has now fallen on 21 mid-level I-T officers on charges ranging from demanding bribes, illegal gratification to financial impropriety, informed sources said on Tuesday.

The axe has fallen on Group B officers of the rank of income tax officer (ITO) under Clause (j) of Rule 56 of the Fundamental Rules.

With this, till now 85 officers including 64 high-ranking tax officers, in which 12 who were from the Central Board of Direct Taxes (CBDT), have been compulsorily retired so far this year.

This is yet another major clean-up drive by the Modi government after coming to power for the second consecutive term last month.

A Finance Ministry source said that the latest list of officers facing retirement is in line with Prime Minister Narendra Modi`s earlier remark that "some black sheep in the tax administration may have misused their powers and harassed taxpayers. We have recently taken the bold step of compulsorily retiring a significant number of tax officials, and we will not tolerate this type of behaviour."

The officers who have faced the government axe include Rajasiri, ITO (IAP), Rajahmundry; B. Srinivasa Rao, TRO-1, Visakhapatnam; G. Venkateswara Rao, ITO , Ward-12(1), Hyderabad; Lakshmi Neeraja, ITO.

In several cases the Central Bureau of Investigation (CBI) laid traps to catch the officers red-handed while taking bribe or receiving illegal gratification.

Watch Zee Business Live TV below

Rajasiri was caught while receiving Rs 1,50,000 and has been charged with illegal gratification. She holds assets disproportionate to her known sources of income in her name and that of her family members.

Similarly, B. Srinivasa Rao has been charged with demanding and accepting of illegal gratification. He was trapped by the CBI, and a recovery of Rs 75,000 was made from his office, in addition to Rs 30,000 during the trap operation.

Lakshmi Neeraja, ITO, Hyderabad who has also been forced to retire, is charged with demanding and accepting a bribe of Rs 20,000.

Preetha Babukuttan, who was posted in Mumbai, allegedly abused her official position and accepted Rs7 5,000 as illegal gratification.

Madhavi Chavan, ITO at Thane in Maharashtra is accused of abusing her official position and demanding illegal gratification of Rs 6 lakh. She was subsequently caught red-handed while accepting a bribe.

Anil Mallel, also based in Thane, was charged with entering into a conspiracy with tax official Pankaj Garg to demand and obtain illegal gratification. The CBI found of Rs 2.75 lakh from Mallel`s possession and he has allegedly acquired immovable and movable assets worth Rs 40.33 lakh in the name his wife and himself.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Income Tax Department
RELATED NEWS
PAN Aadhaar Link: Last date is fast approaching! Failing to do this may lead to Rs 10,000 penalty PAN Aadhaar Link: Last date is fast approaching! Failing to do this may lead to Rs 10,000 penalty
Your PAN card may soon become inoperative; you may be fined too if you miss this deadline — Check last date Your PAN card may soon become inoperative; you may be fined too if you miss this deadline — Check last date
Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now
Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai Tamil Nadu: Income-Tax dept conducts searches on IT Infrastructure company in Chennai and Madurai
I-T department allows condonation of delay in filing audit reports by trusts, institutions I-T department allows condonation of delay in filing audit reports by trusts, institutions

LATEST NEWS

Oppo F19 Pro, F19 Pro+ 5G India launch soon - Here's all you need to know

KIMS IPO: Rs 700 crore! All details of initial public offering of Krishna Institute of Medical Sciences

Gujarat Election Result: Another big win for BJP, defeat for Congress! Check latest seats update in local body municipal, panchayat and taluka polls

Gold Outlook I Details explained by ICICI Securities

IRCTC, Ashok Leyland share price outlook decoded by Bonanza Portfolio

Stocks in Focus on March 2: BPCL, Auto Stocks, IGL, NMDC to Coal India; here are the 5 Newsmakers of the Day

Important news for BPCL investors: Anil Singhvi decodes Numaligarh stake sale, says set to get top valuation

SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices

Jio Phone prepaid data vouchers priced at just Rs 22 launched | Check all benefits

Bitcoin : Microstrategy and Tesla are moving parts of their corporate treasuries into Bitcoin says CIti Research

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved