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Three held in income tax refund racket

Staff Reporter

NEW DELHI: An Income Tax official, a peon working with the Department and a chartered accountant (CA) have been arrested by the New Delhi police for allegedly withdrawing income tax refunds to the tune of several lakhs. A fourth accused is absconding.

According to the police, Sanjay Prasad, a peon working in the Income Tax Department, had been arrested on May 17 when he was depositing a forged income tax refund advice in Reserve Bank of India worth Rs. 1.76 lakhs.

During interrogation, Sanjay told the police that a CA, Sunil Kumar Bajaj, in connivance with an income tax officer, Bijender Kumar, had fraudulently withdrawn Rs. 43.2 lakhs.

The officer used to provide blank refund advice and refund order from the Department to Sunil Kumar. He would fill up a certain amount in the advice and deposit it with the RBI through the income tax official.

After the RBI accepted the advice, Sunil Kumar, would get the refund order deposited in the fake account of Ashok Kumar Aggarwal, opened at the Connaught Place Branch of ICICI Bank.

He would then transfer the amount to his account which he had opened at the Pitampura Branch of ICICI Bank. Subsequently, he used to withdraw Rs. 25,000 every day through the ATM.

The police said Sunil Kumar, who along with Bijender was arrested on Friday, had succeeded six times in withdrawing income tax refunds. In the first instance, he withdrew Rs. 73,322, while in the second, the amount was Rs. 4.2 lakhs.

The third time he withdrew Rs. 6.85 lakhs and, in the fourth instance, the amount was Rs. 7.82 lakhs. Thereafter, he withdrew Rs. 9.82 lakhs and in the last attempt he withdrew Rs. 1.44 lakhs. It was while he was trying to withdraw Rs. 1.72 lakhs that the racket was unearthed.

Another accused, Dinesh Kumar, who was working in ward No. 37 (3) of the Income Tax Department, and was helping the accused in facilitating their job is absconding. The police said he was not a full-time employee of the Department and had been hired by the office staff for helping them in official work.

They added that the Income Tax Department had also not been able to provide his particulars which was proving a hindrance in tracing him.

The Parliament Street police have registered six cases against the accused. Further investigations in the case are on.

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