The Nandas were arrested on charges of trying to bribe an Income Tax official for fudging their account books. On March 8, the CBI had registered a case against the Nandas, Ashutosh Verma, IRS, Deputy director (investigation), Income Tax, New Delhi and Vipin Shah, a Chartered Accountant and other unknown persons under section 120B, 201, 204, 218 of the Indian Penal Code and 13 (2) and 13 (1)(d) of the Prevention of Corruption Act, 1988 for entering into a criminal conspiracy for the purpose of manipulating the report of Income tax investigation to show undue favour to Suresh Nanda and his associates by abusing the official position by a public servant for obtaining pecuniary advantages.
The CBI alleged that Ashutosh Verma had conducted searches on the premises of Suresh Nanda in February 2007 and had recovered a large number of incriminating documents against him and his associates related to evasion of income tax as well as their involvement in the defence deal and other related matters.
The investigating agency also alleged that Verma had shown the report prepared by him to Vipin Shah on his laptop and carried out the necessary changes in it as per the directions of the Nandas for diluting the same and also destroying the incriminating documents before submitting it to his senior officials in lieu of huge pecuniary advantages .
It prayed before the court that the accused have been examined partially and are required to unearth various aspects of the conspiracy.
CBI Special Judge Indermeet Kaur Kochar after hearing the arguments of the defence and the prosecution ordered police remand of all the accused till March 14.