Moneycontrol PRO
HomeNewsBusinessEconomyStudying income tax tribunal order in Bofors scandal: FM

Studying income tax tribunal order in Bofors scandal: FM

The government is examining income tax tribunal order papers on the Bofors issue, Finance Minister Pranab Mukherjee said on Tuesday, referring to one of the country's biggest corruption scandals from the 1980s.

January 04, 2011 / 22:34 IST

The government is examining income tax tribunal order papers on the Bofors issue, Finance Minister Pranab Mukherjee said on Tuesday, referring to one of the country's biggest corruption scandals from the 1980s.


The Bofors case refers to allegations of corruption in the purchase of guns in the 1980s, a scandal that has resurfaced to tarnish the ruling Congress party and embolden an opposition that has paralysed parliament with protests over graft accusations.

India's income tax department this week said there was evidence of payments made to two middlemen, media reported.

first published: Jan 4, 2011 08:22 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347