Showing posts with label Income Tax Department. Show all posts
Showing posts with label Income Tax Department. Show all posts

Monday, May 16, 2011

2G: Supreme Court pulls up IT dept

The Supreme Court on Monday pulled up the Income Tax department for not taking timely action against the companies involved in the 2G spectrum scam and said had it not intervened, the officials would have “slept over it” and the oversees probe would not have proceeded.

Friday, May 6, 2011

SC wants result into tax evasion cases linked to 2G spectrum case by IT department

The Supreme Court today expressed displeasure over the tardy pace of probe by the Income Tax department into the tax evasion cases linked to 2G spectrum case, saying it wanted results. A bench of Justice G S Singhvi and Justice A K Ganguly directed the department to file a detailed report on action taken by it during the last three years when it got a complaint in this regard and began tapping corporate lobbyist Niira Radia's telephone. The IT department, however, defended its ongoing probe saying that the investigation has entered the fifth layer and the approach towards the case has not been tardy. The court, however, was not satisfied and said, it was not concerned about layers but results. The bench allowed the IT department to approach the special judge, trying the 2G case, to interrogate company officials who are in judicial custody for their alleged role in the scam.