Black money: Indian team in Switzerland soon
15 Oct 2014 5:49 AM IST
A high-level delegation of tax and revenue officials is set to soon travel to Switzerland in order to pursue cases of black money and secret accounts held by Indians in banks in the Alpine nation. Sources said that the delegation, which will lay special focus on a number of pending requests, will be led by Revenue Secretary Shaktikanta Das and will have CBDT Chairman KV Chowdary and two other officials of the finance ministry’s foreign taxation wing as its members.
The official visit, sources said, was set up in quick time after the Supreme Court-appointed SIT was taken into confidence by investigative agencies that a one-on-one visit between the officials of the two countries was necessary. . Officials said that the decision to send the team has also been cleared by finance minister Arun Jaitley and the officials would be armed with legal documents, dossiers and the charter of the SIT to satisfy the Swiss authorities.
The official visit, sources said, was set up in quick time after the Supreme Court-appointed SIT was taken into confidence by investigative agencies that a one-on-one visit between the officials of the two countries was necessary. . Officials said that the decision to send the team has also been cleared by finance minister Arun Jaitley and the officials would be armed with legal documents, dossiers and the charter of the SIT to satisfy the Swiss authorities.
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