Senior I-T officer held for corruption

An additional commissioner of Income Tax was arrested on Thursday for accumulating assets worth Rs 1.3 crore by allegedly indulging in corrupt practices. HT reports.

An additional commissioner of Income Tax was arrested on Thursday for accumulating assets worth Rs 1.3 crore by allegedly indulging in corrupt practices.

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A statement by the Central Bureau of Investigation (CBI) said Vivek Batra accumulated movable and immovable assets in his name and in the name of his wife Priyanka and minor son. The assets were found to be disproportionate to his known source of income.

Batra, an Indian Revenue Service official of 1992 batch and posted at TDS (tax deducted at source) Range 3 at the department's Charni Road office was arrested as the CBI registered a case of disproportionate assets against him.

It was found that Batra has invested the money allegedly obtained by corrupt and illegal means in two companies — ARJ Impex Private limited and Malik Hospitality Private Limited, which he formed in the names of his two relatives.

"The assets acquired in the name of the companies were worth over Rs 82 lakh," the statement said.

It added that Batra used accounts of these companies for converting unaccounted money into accounted by making false entries.

Batra was produced before the Special CBI Judge, Mumbai who remanded him in police custody till September 4.