Biggest income tax scam- Watch the video !

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The CIB wing of the Income Tax department has responsibility to collect  information from various sources -mainly from AIR information which are then disseminated to field officials for action. Recently ,CIB, Mumbai’s director A.C. Tejpal had alleged that 11.4 crore pieces of information collected in the last five years were not disseminated. He is now suspended ! Watch the video !

Media reports that the Central Board of Direct Taxes (CBDT) has constituted a three-member committee to inquire into income tax loss to Mumbai caused due to non-transmission of important information on unaccounted income to field officials concerned. The CBDT, the apex body of I-T department, will now look into the allegations. It will also look into Tejpal’s allegation that the computer software developed by spending crores of rupees was unable to transmit information from central reservoir system to assessing officers.