Excelsior Correspondent
JAMMU, Nov 30: Virendra Singh, an IRS Officer of 1985 batch today attained superannuation as Principal Chief Commissioner of Income Tax, Bihar & Jharkhand Region after thirty five years of distinguished service.
He has rich and varied experience of working in different wings of the Income Tax Department ranging from investigation, assessment, administration, international taxation, risk assessment and large taxpayer unit. Besides, he has also worked for seven years in Economic Offence Wing of the Central Bureau of Investigation at Mumbai wherein he was entrusted with monitoring and supervision of investigation relating to various kinds of financial crimes/frauds.
He has worked at different stations such as Mumbai, Delhi, Jaipur, Jammu & Kashmir, Nagpur and Patna. His professional achievements include highest ever settlement of undisclosed income to the tune of Rs 1910.76 crores on the basis of evidences recovered during search action and the post search investigation in the case of Sahara by the Income Tax Settlement Commission.
As Commissioner of Income Tax, Jammu & Kashmir for more than four years, he established the reputation of the Income Tax Department as an absolutely honest, professional, transparent, fair, responsive & accountable tax administration by initiating taxpayer friendly measures of clearance of all the refunds pending for over 3 years within first 3 months of his posting and, thereafter, conducting large-scale tax awareness/education programmes across the length and breadth of J&K including militancy infested areas of Bhaderwah, Doda, Kishtwar, Udhampur, Kathua, Rajouri, Poonch, Anantnag, Pulwama, Kupwara, Budgam, Baramulla and Srinagar for taxpayers/potential taxpayers for the first time in the country when such approach was not even heard of.
He was the first IRS officer to be appointed by the Government as Superintendent of Police in the CBI. During his tenure as SP/DIG, CBI EOW, Mumbai he brought about significant improvement in functioning of the Economic Offence Wing of CBI.
He is also credited with unearthing the infamous UTI Scam of 2001 which led to arrest and charge sheeting of the entire top management of UTI responsible for the fraud. Investigations carried out by him resulted in detection of financial fraud of over Rs 5000 crores by SFO of UK and FBI of US.
During his tenure as PCIT (Central), Rajasthan more than 500 prosecution complaints were filed against the tax evaders which resulted in exceptional improvement in compliance behaviour of the taxpayers.