I-T dept wants details of VGS 2011 MoUs from Gujarat govt

Discussion in 'Politics & Society' started by SHASH2K2, Mar 15, 2011.

  1. SHASH2K2

    SHASH2K2 New Member

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    I-T dept wants details of VGS 2011 MoUs from Gujarat govt


    GANDHINAGAR: The income tax department has initiated inquiry regarding several investors who had signed memorandums of understanding (MOUs) with the Gujarat government at this year's Vibrant Gujarat Summit (VGS).

    Revealing this in the state assembly on Tuesday, minister of state for industries Saurabh Patel blamed Congress for this.

    "We have received a letter from the income tax department seeking information about all the MoUs signed during the VGS 2011," Patel told the house.

    Details of VGS held in 2009 too have been sought, he said.

    Patel alleged that this was the proof that opposition Congress was creating hurdles in Gujarat's progress.

    I-T department's letter states that an inquiry in connection with the VGS 2011 is pending, and "the details of the MoUs signed by various corporate entities with the government of Gujarat need to be examined".

    The letter, dated February 17, signed by deputy director (investigations) Anurag Sharma, further says the inquiry is being conducted under section 131 (1A) of the Income Tax Act.

    "It is unfortunate that because of the attitude of Leader of the opposition (Shaktisinh Gohil) and his constant complaints to the Centre, the I-T department has sent us a letter," Patel told reporters after coming out of the Assembly.

    "The country and the world... all have appreciated the success of VGS 2011. It is unfortunate that I-T department of the country has initiated an inquiry and asked the state to furnish details of MoUs and investors where investment above Rs 1000 crore was pledged," Patel said.

    "This is injustice to the state and the people of Gujarat," the minister said.

    "I want to ask the Central government, has it sent such letters with regard to the investment proposals in all the states, or has Gujarat been taken as a special case," Patel said.

    When asked if the state had replied to the I-T letter, Patel said, "We will get into action now."

    As many as 7,936 MoUs, drawing investment to the tune of Rs 20.83 lakh crore, were signed by the state government at the VGS 2011, held on January 12-13.
     
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  3. GPM

    GPM Tihar Jail Banned

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    MOUs are signed by union govt and state govts all the time. Wonder if IT notice has been issued to all.

    Btw, a state govt is not an IT assessee.
     
  4. Yogesh

    Yogesh New Member

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    This is shameful on behalf of CONgress, rather than mending their corrupt ways UPA government has started using unethical means which are going to hamper developments in Gujarat. It is a well known fact by now that states which are not under Congress are doing well so congress should try to run its states in efficient manner rather than doing things which can affect investements in states like Gujarat.
     
  5. SHASH2K2

    SHASH2K2 New Member

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    GANDHINAGAR,15 MARCH: The Income- Tax department has slapped a notice on the Gujarat government seeking details on the nearly 8,000 MoUs it signed with several investors at this year's high profile 'Vibrant Gujarat Summit' to bring in an anticipated Rs 21 lakh crore investment.
    Minister of state for industries Saurabh Patel while revealing the I-T decision in the state Assembly today blamed the Congress for this and asked why Gujarat--which is ruled by the BJP--is being targeted by the Centre as a “special case”. The global investors’ summit was touted by the state government as a big success for chief minister Narendra Modi.
    “We have received a letter from the Income-Tax department seeking information about all the memoranda of understanding (MoUs) signed during the VGS 2011,” Mr Patel told the house. Details of VGS held in 2009 too have been sought, he said. Mr Patel alleged that this was proof that the Opposition Congress was creating hurdles in Gujarat's progress.
    The I-T department's letter states that an inquiry in connection with the VGS 2011 is pending, and “the details of the MoUs signed by various corporate entities with the government of Gujarat need to be examined”. The letter, dated 17 February, signed by deputy director (investigations) Anurag Sharma, further says the inquiry is being conducted under section 131 (1A) of the Income-Tax Act.
    “It is unfortunate that because of the attitude of the Leader of the Opposition (Shaktisinh Gohil) and his constant complaints to the Centre, the I-T department has sent us a letter,” Mr Patel told reporters after coming out of the Assembly. “I want to ask the Central government, has it sent such letters with regard to the investment proposals in all the states, or has Gujarat been taken as a special case,” Mr Patel said. When asked if the state had replied to the I-T letter, Mr Patel said: “We will get into action now.”
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    HYDERABAD, 15 MARCH: The Income-Tax department has slapped show-cause and demand notices of Rs 122.8 crore to a publication company owned by former Congress MP Mr YS Jaganmohan Reddy who rebelled against the party for mismatching amounts reported in its records. According to the notice issued by an Assistant Commissioner level officer on 31 January 31 to Jagathi Publications (JPPL), there could be interest chargeable and also penalty in case of deadline default.
     
  6. GPM

    GPM Tihar Jail Banned

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    Relevance to the IT notice to State govt, which is not even an assessee?
     
  7. natarajan

    natarajan Senior Member Senior Member

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    haasan ali released,raja former it minister's binomy basha hanged(killed) in suspicious way,but these congress fools doing cheap politics to opposition party.But still people including here will come first to defend these fools of congress
     

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