CBDT Issues Clarification Regarding Investigations Relating to Banking Information from Overseas

Last updated: 01 November 2011

Following is the text of the clarification issued by Central Board of Direct Taxes, Department of Revenue, Ministry of Finance:

“A section of the press has reported today that some investigations relating to banking information received from overseas have been referred to the Directorate of Criminal Investigation by the Central Board of Direct Taxes for prosecution, etc. It has also been reported that summons have been issued to some Members of Parliament. 

This information is factually incorrect and is therefore denied.” 


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