REPLY BY DIRECTOR GENERAL OF INCOME TAX -INVESTIGATION ON 19-9-2000

REFERENCE FILE:- DG/AHD/INV/29/99-2000 DATED 19 –9-2000


TO:
Shri Pankaj S. Modi
C/o Shri Suresh S. Modi
2nd Floor, Janmangal Apts
Brahman Mitra Mandal Society
Ahmedabad 380 006


Sir,

Sub: Information regarding evasion of tax-regarding
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Please refer to your letter dated 18-6-1999 and four reminders thereafter including the telegraphic reminder dated 15-9-2000 giving certain information of tax evasion.

2. Needful enquiries on the allegations in your letters under reference have been conducted by the Investigation Directorate. On the basis of the results of enquiries conducted it is seen that needful follow up action thereon will have to be taken by the Assessing Officers in the cases of the members of the Modi family and the four companies involved. Results of the enquiries have accordingly been forwarded to the Assessing Officers and Cs.I.T. concerned for needful action in the income tax assessments.

3. The Income Tax Department is thankful to you for having provided certain information of tax evasion and it is assured that needful action on specific information provided shall always be taken.

Yours faithfully,


(P.V. Muraleedharan) ITO (INV)
for Director Genral of Income tax
(INV) WEST, AHMEDABAD