Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeIndirect TaxesCBI Raids IRS Officer In Rs. 1.31 Crore Disproportionate Assets Case; 156%...

CBI Raids IRS Officer In Rs. 1.31 Crore Disproportionate Assets Case; 156% More Than Known Income

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Central Bureau of Investigation (CBI) has launched a major crackdown in a high-profile corruption case involving an Indian Revenue Service (IRS) officer of the 2005 batch. On Thursday, the agency carried out extensive searches at eleven locations across Jaipur, Ahmedabad, and Gandhinagar in connection with a case related to the possession of disproportionate assets.

The searches targeted both residential and official premises of the accused officer and his associates. The CBI had earlier registered a case against the officer and his wife, alleging that the officer had illicitly enriched himself and amassed assets significantly beyond his known sources of income.

According to officials, preliminary investigations revealed that the couple possessed assets worth over Rs. 1.31 crore — 156.24% higher than their declared and legitimate income. The officer is accused of making substantial investments in real estate across multiple cities including Jaipur, Ahmedabad, Gandhinagar, and Mumbai. His wife has also been charged with abetment in the alleged acquisition of these assets.

“During the ongoing searches, we have seized several incriminating documents and digital devices. The operation is still in progress,” a CBI stated.

The raids are part of the CBI’s broader efforts to clamp down on corruption and misuse of public office. Further details are awaited as the investigation continues.

Click Here To Read Press Release

Read More: Setback To Royal Enfield: Refund of Service Tax Strictly Bound by Statutory Time Limit; Limitation Act Inapplicable: CESTAT

Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Notice Issued Before Filing of Return Cannot Sustain Reassessment: ITAT Quashes Rs. 2 Crore Cash Credit Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

ITO Can’t Reassess Non-Corporate Taxpayer Beyond CBDT’s Pecuniary Limit: ITAT Quashes Rs. 14-Crore Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

FSSAI Registration Can’t Replace Regular Licence for Large-Scale Slaughterhouse Operations: Allahabad High Court

The Allahabad High Court has held that an FSSAI registration certificate issued to a...

Full Payment of Disputed GST Demand Cannot Block Statutory Appeal: Allahabad High Court Directs Portal Access

The Allahabad High Court has held that a taxpayer’s statutory right to appeal cannot...

More like this

Notice Issued Before Filing of Return Cannot Sustain Reassessment: ITAT Quashes Rs. 2 Crore Cash Credit Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

ITO Can’t Reassess Non-Corporate Taxpayer Beyond CBDT’s Pecuniary Limit: ITAT Quashes Rs. 14-Crore Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

FSSAI Registration Can’t Replace Regular Licence for Large-Scale Slaughterhouse Operations: Allahabad High Court

The Allahabad High Court has held that an FSSAI registration certificate issued to a...