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--------------------------------------------------------------------------------------------------------------------------------------------------------- He made
himself vulnerable to extortionist vultures from the Customs and from the
Police. (Mercifully not from the usual extortionists - the Sales Tax
Department, and the Income Tax Department - for the Sales Tax Department
soon enough learnt that all his sales were 100% via DDs, and he was
regularly paying Sales Tax -Rs 109.34 crores between 1995-6 and Sept 2003
by a proprietary firm; as for the Income Tax, they realized here was R. V.
Pandit's son, all Vasant's business transactions were lily-white, striving
to be a notable tax payer! (I was a personal tax-payer from the age of 30,
never evading a paisa, but nowhere an earner near my son; he paid
as personal Income Tax Rs 15.71 crores between 1998-99 and 2002-3, earning
a favorable mention by the Finance Minister in the Rajya Sabha for having
paid a personal Income Tax of Rs 6.4 crores in March 2001, Rs 6.8 crores
in March 2002 and Rs 4.83 crores in March 2003: a virtual bankrupt after
that, yet not owing anything significant on account of statutory dues. He
gave Rs 30.83 crores, all by cheque, in charities, mostly to well known
hospitals, schools/homes for the physically challenged, water preservation
projects, in the 9/10 years he was in business - contributing Rs 6.95
crores himself and the rest collecting from his distributors/Independent
Representatives [as against some Rs 4 crores only, all by cheque, I have
given to charities in a long life]). In this
situation, Vasant was even more vulnerable because he is the son of R.V.
Pandit - RVP who was repeatedly writing over the previous 40 years, that
in many instances a section of the Police in India were the real
criminals; and that together with the Income Tax Department, the Sales Tax
Department and the Customs Department they were bleeding India, stealing
very large amounts of money each year from the public exchequer. So they
had scores to settle with me for fighting corruption: the Supreme Court
had just then (1996) quoted more than 2 pages of what I had written were
the consequences of corruption for the Indian people and the Indian State.
In a two-judge-Bench judgment in Common Cause Versus Union of India
(Union of India and others, Writ Petition [Civil] No. 24 of 1996 - Kuldip
Singh and Faizan Uddin), in which Petition I had intervened, the first
time ever that a living lay person was thus quoted in a Supreme Court
judgment. |
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