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CBI , Scribe ,Tax official and 15 Crores Blackmail Charges ! | taxworry.com

Updated 5 Years Ago

Tax official can take action against tax evaders and benami property holders, CBI goes after corrupt tax official and scribe can report on all. So what happens when a scribe is allegedly blackmailing for fixing a tax action and the blackmailed victim approach CBI for action . The story is unravelling slowly but finally...how journalist + enforcement agencies can mix to give a poisonous mix of cocktail ...... It has been reported in media that a so-called editor-in-chief who had some financial transactions with another prominent NBFC magnet who was put behind bar  by Supreme Court  on a huge bail amount ( a Guinness book of record !)  was arrested on charges - first of fraudulently obtaining the airport access card and now on black mailing a prominent realtor of Mumbai. But how was it possible?On knowledge of insider information about pending action under Benami Transactions (Prevention) Act on the realtor. The question is who supplied him all the information? Obviously he was front for someone having access of the information . So the Central Bureau of Investigation on Saturday registered another case against journalist , who also worked in Outlook at some point of time , his associate and unknown Income-Tax officials, for extorting over 15 crore from a Mumbai-based real estate firm on the pretext of stalling a proposed action under the stringent Benami Transactions (Prevention) Act, and adverse media coverage. Here is the story till now ! The case has been registered on a complaint by a director of Mumbai based Real Estate Developers company. It is alleged that the journalist approached a relative of the promoter of real estate company, projecting himself as a senior journalist and had worked with several big media houses and having access to senior officials of Income Tax department. The complaint describes that the journalist claimed that he had “sensitive information” relating to income tax raids likely to be conducted on companies associated with the said Real Estate Developers. He also claimed that action would be initiated under the Benami Act, the FIR alleges. The FIR registered further mention that the said journalist said that “he had the potential to tarnish the image” of the promoters and their associated companies and their promoters due to his media connections”. The journalist, reportedly showed a relative of the promoter of real estate developer a bunch of Income-Tax Department papers, wherein action was contemplated on a number of companies. It is alleged that, succumbing to pressure, the company allegedly signed a one-year consultancy agreement with Delhi-based Upendra Rai & Associates in October 2017 and paid more than 15 crores between October 2017 and April 2018, as per the invoices were allegedly given by his associate a Mr  Sharma. According to the FIR, the company lodged the complaint with CBI when it found that the said journalist was “a professional blackmailer.
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