Gandhinagar: Gujarat government has received notices from Income Tax department on nearly 8,000 MoUs it signed with several investors at this year's 'Vibrant Gujarat Summit' to bring in an anticipated Rs 21 lakh crore investments. (Agencies)
Revealing the I-T decision in the state Assembly on Tuesday, Minister of State for Industries Saurabh Patel blaming Congress said that why Gujarat--which is ruled by BJP--is being targeted by the Centre as a special case.
The Global investors summit was touted by the state government as a big success for Chief Minister Narendra Modi.
He said, "We have received a letter from the Income Tax department seeking information about all the memoranda of understanding (MoUs) signed during the VGS 2011," adding that details of VGS held in 2009 have also been sought.
Patel alleged that this was proof that Opposition Congress was creating hurdles in Gujarat's progress.
I-T department's letter states that an inquiry in connection with the VGS 2011 is pending, and "the details of the MoUs signed by various corporate entities with the Government of Gujarat needs to be examined".
The letter, dated February 17, signed by Deputy Director (investigations) Anurag Sharma, further says that the inquiry is being conducted under section 131 (1A) of the Income Tax Act.
When asked if the state had replied to the I-T letter, Patel said, "We will get into action now."
As many as 7,936 MoUs, drawing investment to the tune of Rs 20.83 lakh crore, were signed by the state government at the VGS 2011, held on January 12-13.
Corporates made investments in all key sectors but power, manufacturing, urban development and infrastructure remained key focus areas. Leading among those which announced mega investments in the state were Anil Ambani-led Reliance Group and Ahmedabad-based Adani Group.
Essar Group, Larsen and Toubro and Mahindra & Mahindra were among others who made mega investments.
Gandhinagar: Gujarat government has received notices from Income Tax department on nearly 8,000 MoUs it signed with several investors at this year's 'Vibrant Gujarat Summit' to bring in an anticipated Rs 21 lakh crore investments.