Hyderabad: Taxman cheats, gets 3-year RI
The fictitious refunds/payments were made during the financial year 2007-08.
Hyderabad: A local CBI court on Wednesday convicted an income-tax official for three years for cheating and criminal conspiracy. I-T officer Y. Hanumanthaiah and one Ananda Reddy Perumalla had misappropriate government funds to the tune of Rs 59,51,840 by issuing fictitious refunds based on fake tax deduction at source (TDS) certificates filed in 36 cases by Hanumanthaiah at Ward-2, Proddutur, and Rs 23,09.830 in five cases in Ward 2 (2), Tirupati. The fictitious refunds/payments were made during the financial year 2007-08. The case against another official was abated as he died during trial.
This case was registered on March 12, 2010, against Hanumanthaiah, ITO, Tirupati; C. Sivasankara (A-2), senior tax assistant, and another person Ananda Reddy Perumalla.
The court convicted Hanumanthaiah to three years of rigorous imprisonment and fined Rs 10,000 for each offence punishable under IPC Sections 120-B, 420, 471, 409 IPC and Section 13(2) read with 13(1)(d) of the Prevention of Corruption Act.
Ananda Reddy was sentenced to similar punishment and sentenced to undergo five years RI and fined Rs 50,000 for an offence punishable under IPC Section 468. The penalty totalled Rs 1.3 lakh. The court has ordered that all the sentences shall run concurrently.