Virbhadra Singh's income jumped by 20 times in 2 years, CBI probes
Virbhadra Singh's income jumped by 20 times in 2 years, CBI probes
The Himachal CM had claimed that his income from agriculture increased manifold from Rs 15 lakh in 2010 to nearly 3 crore in 2012.

New Delhi: More trouble is in store for Himachal Pradesh Chief Minister Virbhadra Singh as the Central Bureau of Investigation has now begun investigating his Income Tax documents filed between 2010 and 2011.

Singh had filed a revised return in 2012 wherein he claimed that his income from agriculture increased manifold from Rs 15 lakh to nearly 3 crore. CNN-IBN has now accessed an I-T assessment order that forms the basis of the CBI probe and it in fact brings the Income Tax in Himachal Pradesh officials under the scanner.

CNN-IBN gained access to a March 2013 Income Tax assessment order. The document raises questions over the role of the I-T officials in Virbhadra's state.

In July 2010, Virbhadra Singh declared his income from agriculture as Rs 15 lakh. But when he filed his revised return in March 2012, his agricultural income jumped substantially to nearly Rs 2,80,92,500.

The I-T report cites Singh claiming that he did not declare the income from an orchard as it was managed by one Anand Chauhan.

But Chauhan claims he remitted proceeds from farm sales in Singh and his family's names through investments in LIC and mutual funds. These LIC policies were issued by Anand Chauhan in the names of Virbhadra Singh, his wife, son and daughter. The I-T department claims it looked into the balance sheet provided by Chauhan and came to know that between 2008 and 2011 he had made a total investment of over Rs 6 crore in LIC for Virbhadra Singh's family.

With contradictions in Singh and Chauhan's statement, it needs to be made clear if the latter claims that he forwarded an income of over Rs 2 crore in the year 2009-2010, then how can Virbhadra claim that he did not know the real proceeds from the farm.

Also, the I-T officials in Himachal Pradesh who are under scanner need to prove if they had followed the rule book in this retrospective calculation.

It is believed that 2010-2011 was a lean year for apple production, so how did his income go up manifold?

Meanwhile, the BJP is in no mood to give any elbow room to the Congress on corruption and the question is will Rahul Gandhi who made the Maharashtra government do a rethink on Adarsh report step in again.

What's your reaction?

Comments

https://umatno.info/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!