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Irregularities found in CSI's income, will have to pay Rs 3 crore: Chief Income-Tax Commissioner
Dehradun, Jun 01 (ANI): The appeal of the Civil Services Institute seeking to avoid payment of IncomeTax claiming that the association is a charitable trust has been rejected by the Income-Tax Department and now will have to pay Rs 3 crore. Pramod Gupta, Chief IncomeTax Commissioner said, "We did tax assessment of Civil Services Institute last year and we found out irregularities along with those things which should have come under the purview of Income-Tax regulations which they did not keep. We assessed the Income as Rs 7 crore on which they have to pay Rs 3 crore. They appealed to Appellate Commissioner who confirmed our order". The Civil Services Institute, an association of bureaucrats had earlier paid Rs 47 lakh before the appeal.