VCES - Noida not wrong

By Vijay Kumar

DDT adds,

Soon after uploading this DDT, we got a call from the DC (Preventive), Noida clarifying that the declaration under VCES was filed after the raid was conducted and action initiated under Section 87. Para 3 of the High Court order reads :

The order dated 7th June, 2013 passed under Section 87 of the Finance Act, 1994 states that on verification of the available records and the declaration made by M/s K. Anand Caterers indicate that the petitioner is required to deposit an amount of Rs.60 lacs (Rupees Sixty Lacs ) approx.

However, it is clarified by the department that the raid was conducted on 31.05.2013 and the declaration was filed on 20.06.2013 and recovery action was initiated on 7.6.2013 which is also mentioned in the High Court order. DDT sincerely apologises for the lapse and regrets the inconvenience caused.