How Kanpur builder raided by GST for tax evasion can Save You Time, Stress, and Money.
How Kanpur builder raided by GST for tax evasion can Save You Time, Stress, and Money.
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"We've recovered paperwork pertaining to his Benami Attributes really worth Rs three hundred crore. Now we have doubt that he was supporting number of politicians to launder dollars through Benami properties. The ED officers are in touch with us, the moment we entire the file, We're going to give it to ED," claimed a GST source.
The raids also lose mild on tax evasion and illicit money actions from the region. In very last two a long time, raids on Ghana Ram Group blew the lid off tax evasion of ₹800 crore, when a similar raid in Kanpur in 2023 uncovered tax evasion value ₹1500 crore by Radhey Shyam Purshottam Dass jewellers.
A team from the money tax Office, Kanpur division, unravelled a nexus where transactions worth various crores have been staying completed within the accounts of junk pickers and rickshaw pullers for GST or profits tax evasion.
Kanpur businessman Piyush Jain was arrested on prices of tax evasion and taken to your DGGI deputy director's office in Kanpur on Monday. Here is what we learn about the case to date.
On Sunday, teams of GST and I-T Office adhering to a suggestion off performed raids at Kanpur, Kannauj and Mumbai. The I-T Division is currently building a list of his Benami Qualities. this may be shared With all the ED to choose future system of motion.
This comprehensive sweep spanned all districts, help you save for Pathanamthitta, and prolonged beyond the restaurant premises to the residences of homeowners and companions. These focused operations were not haphazard however the end result of six months of rigorous surveillance, in which officers discreetly frequented the eating places, Mixing in as normal patrons while scrutinizing meals vloggers’ articles for invaluable insights.
Sumit Sharma on Is the supply under SAC 998351 to generally be categorised being an exempt supply or regarded as a nil-rated provide?
कंबोडिया:हजारों भारतीयों को चीनी गैंग ने बनाया गुलाम, कैसिनो की आड़ में चला रहे साइबर अपराध के अड्डे
Kanpur-based mostly perfume industrialist Piyush Jain arrested around tax evasion rates; to be created in court docket
raids on scrap sellers in could, where by tax evasions totaling ₹250 crore have been uncovered, bringing about arrests. The SGST Section’s relentless pursuit of fiscal compliance highlights its motivation to dismantling tax evasion tactics and restoring integrity to your market.
A further Formal, pleading anonymity, was quoted by PTI expressing that through a series of raids about the premises owned by Jain, income truly worth over Rs 257 crore and also gold and silver was recovered.
The Formal educated that aside from this, it also arrived to fore the taxes were being also getting compensated at different rates. TNN
The DGGI, meanwhile, raided the Office environment and manufacturing facility of the pan masala maker along with a transporter who allegedly transported merchandise working with fake invoices and showed their worth to become within Rs 50,000 to stay away from generating e-way expenditures.
NewsIndiaGST fraud unearthed: bogus corporations, transactions worthy of Rs 250 website cr from accounts of rickshaw pullers, junkers
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