CWG tax evasion: Govt slaps recovery notices for Rs 505 cr

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Agencies: New Delhi, Dec 09 2012, 13:39 IST
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help of a multi-jurisdiction investigation platform, comprising officers from tax and other authorities, formed by CVC to look into the CWG scam.

"There have been many inquiries into this and each inquiry and investigation has proceeded to its own conclusion. One unique thing that was noticed in CVC's

multi-jurisdictional inquiry was that a huge amount of tax evasion was indulged in by the many players in the scam.

"Many of these taxes, like Income Tax, Service Tax, VAT, etc were to be deducted at source. The multi-jurisdictional platform enabled us to flag tax evasion to the tune of nearly Rs 1,000 crore," Srikumar has said.

At least 9,000 publicly-funded projects were executed by 37 government departments and private companies for the mega sporting event held here between October 3-14, 2010.

Taking note of alleged irregularities, Prime Minister Manmohan Singh had in October 2010 announced establishment of a high-level committee under the chairmanship of former Comptroller and Auditor General V K Shunglu to look into the allegations of corruption.

The committee had submitted six reports pointing out acts of alleged omission and commission by officials and lack of oversight by the government. The reports are being examined by a Group of Ministers headed by Defence Minister A K Antony. According to officials, the CVC is looking into 53 CWG graft cases involving various government civic and construction agencies. Of these, 28 were still in different stages of investigation, 13 were sent to CBI for further probe and closure report was filed in 12 others.

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