CBI: 3 Years Rigorous Imprisonment With Fine of Rs.3 Lakh to then Commissioner of Income Tax

CBI: 3 YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.3 LAKH TO THEN COMMISSIONER OF INCOME TAX

            The Special Judge for CBI Cases, Bangalore has convicted Shri V.P.Shamsuddin, then Joint Commissioner of Income Tax (Appeals-II), Bangalore U/s 13(2) r/w 13(1)(d)(ii) of PC Act and sentenced him to undergo three years Rigorous Imprisonment with fine of Rs.3,00,000/-

           CBI had registered a case on 21.09.1999 against Shri V.P.Shamsuddin, Commissioner of Income Tax(Appeals-II), Bangalore and others. It was alleged that Shri V.P.Shamsuddin during the year 1995 entered into a criminal conspiracy with others in the matter of passing two consolidated favourable appellate orders in favour of two persons in respect of 11 appeals on 27.09.1995 without hearing Assessing Officer and obtained only signature of authorised representative of said two persons. The Commissioner allowed tax relief of Rs.1,53, 508/- and Rs.1,60,197/- to said two persons. A loss of Rs.3,13,705/- was caused to Income Tax Department. After investigation, a chargesheet was filed on 21.06.2001 in the Designated Court.

           The Trial Court found the accused guilty and convicted him.