North Gazette News/New Delhi
CBI has arrested a Joint Commissioner of Income Tax Department, two Chartered Accountants and a businessman in Chennai on charges of bribery for settling I-T investigations.
As per reports, I-T Department joint commissioner posted at Chennai Salong Yaden, two CAs Sanjay Bhandari and Shreyas Bhandari and Managing Director of Real Estate firm SPG & RG Hitesh Kawad has been arrested after CBI raids on Saturday.
CBI officials said that they were investigating a racket of I-T Department officials, CAs and businessmen who conspired to settle investigations against companies and individuals in lieu of huge bribes.
CBI sources said that many other senior officers I-T department’s investigation wing at Chennai and Mumbai were also under scanner for their role and a senior IRS officer who has not been named, is being questioned by the agency.