Vishwa bandhu gupta biography of nancy

The controversial Additional Commissioner of Income Tax (Delhi), Vishwa Bandhu Gupta, says that criminals charged under the Indian Penal Code and the Narcotics Act were able to exploit the loopholes in the VDIS.

Excerpts from an interview with BT's Ranju Sarkar.

Q. What is the point you are making about the Voluntary Disclosure of Income Scheme (VDIS)?

A. If you go through the finance bill pertaining to the financial year 1997-98, there's only a paragraph on the scheme.

Vishwa bandhu gupta biography of nancy pelosi

Then, somewhere down the line there were disputes pertaining to old silver, gold and diamonds being disclosed on affidavits and stamp papers. Certain income tax commissioners wanted proof before accepting such claims on stamp papers and affidavits.