Income-tax sleuths want society members’ returns | mumbai | Hindustan Times
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Income-tax sleuths want society members’ returns

The Income-Tax (I-T) Department on Friday issued a notice to the Adarsh Cooperative Housing Society committee asking for a list of flat allottees and the Permanent Account Numbers (PANs) of all 103 members. The committee has 15 days to respond.

mumbai Updated: Dec 04, 2010 01:47 IST
Manish Pachouly

The Income-Tax (I-T) Department on Friday issued a notice to the Adarsh Cooperative Housing Society committee asking for a list of flat allottees and the Permanent Account Numbers (PANs) of all 103 members. The committee has 15 days to respond.

BP Gaur, director-general of I-T (investigations), Mumbai, confirmed the development.

Another senior I-T officer requesting anonymity as he is not authorised to speak to the media said once they get the PAN details, they would scrutinise society members’ tax returns. “That would give us an idea of their income patterns, which would help ascertain how they managed to buy the flats,” the officer said. The details would then be handed over to the assessing officers of the department under whose jurisdiction the members fall.

The I-T inquiry would help the Central Bureau of Investigation (CBI) probe as the latter too had asked the Adarsh committee to hand over its members’ returns. A three-member CBI team visited Adarsh on November 3 and gave the committee a letter asking for documents, including the returns. However, CBI sources said, they have not yet got any returns.

The CBI wanted members’ income details to find out if the amount spent on buying the flats was proportionate to known sources of income. The CBI is investigating this angle to register disproportionate assets cases against Central Government officers. However, in the absence of the returns, this probe is delayed.

The I-T officer said that if the department fails to get PAN details from the committee, it would send notices to individual members. “If they don’t cooperate, action would be taken under the Income-Tax Act,” he said.

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