The CBI has arrested an income tax officer in Mumbai for allegedly accepting a bribe of Rs 4 lakh in exchange for issuing a ‘lower TDS certificate’ on the sale of a property, officials said on Friday.
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They said Vikas Bansal had allegedly demanded two per cent of the deal value of the property as bribes at first but later agreed to one per cent which comes to Rs 5.04 lakh. The deal value of the property was Rs 5.04 crore.
The case pertains to the sale of a property in Mumbai’s Byculla owned by an NRI, who wanted to sell it due to some personal reasons and needed a lower TDS certificate from the income tax department.
Read more at: Press Trust of India
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