The arrested I-T officers, in the rank of Assistant Commissioners, have been identified as P Jose and Vincent Joseph and were posted in Thrissur.
"The complainant in this case had alleged that he was regularly paying income tax as per his business transactions. The Income tax authorities had issued a notice to his firm during 2012 stating therein that they wanted to scrutinise the accounts of his firm for the financial year 2010-11. Accordingly, the book of accounts were produced through his auditor of a Thrissur based private firm of Chartered Accountants," a CBI spokesperson said here.
The complainant along with his auditor visited the office of Jose and the officer allegedly reiterated his demand of Rs 10 lakh for reducing the I-T penalty from Rs 50 lakh to Rs one lakh.
The agency, on being approached by the complainant, later laid a trap and Jose, along with his colleague Joseph, were caught red handed while accepting a bribe of Rs 10 lakh from the complainant, an agency spokesperson said here.