Description:
Even as the BJP continues to seek reopening of the criminal investigation against late Win Chadha and Italian businessman Ottavio Quattrocchi for having allegedly received kickbacks from Swedish gun maker in the Bofors gun deal, the law ministry is set to recommend to the finance ministry to challenge the stricture passed by the two- member Income Tax Appellable Tribunal [ITAT] against it and the department of taxation.
The December 31-order of the ITAT, which says that kickbacks were paid to the Chadha and Quattrocchi and that they were liable to pay tax in India on such income.
Source:
1. www.tpcc.in.
2. The Tax Referencer .Volume117. Issue No.3 17 January2011 Page No.12
Our comment:
The payments made were against the agreement entered in bofors deal, it at is ultimate authority to find the facts. There is no legal issue. Hence the it at order is final for fact finding.
The payments made were against the agreement entered in bofors deal, it at is ultimate authority to find the facts. There is no legal issue. Hence the it at order is final for fact finding.
