sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Placements & Empanelment »
 50 LPA-Opening SAVP / VP - US Tax Operations
 20 LPA-Opening Chartered Accountant - Internal Audit - Candidates only from NCR
 35 LPA-Opening Chartered Accountant 15yrs PQ from Manufacturing firm
 32.5 LPA-Opening Opportunities for Chartered Accountant in Australia D3Am
 20LPA-OPening Chartered Accountant - Internal Audit - Candidates only from NCR
 95 LPA-Opening Vice President (treasury)
 35 LPA-Opening General Manager - Oracle Finance
 45 LPA-OPening Senior Internal Auditor
 30 LPA-Opening Financial Controller for UK Based Group
 30 LPA-Opening Financial Controller for UK Based Group
 25 LPA-Opening Financial Controller

Taloja trader booked for evading 49L sales tax
December, 03rd 2013

The sales tax department, while verifying the documents of a company, found it to be fake and lodged a cheating and forgery case at Taloja police station against the trader, who has identified himself as Zakeria Hussainmia Patel.

However, the police are finding it tough to trace him, as the name has turned out to be a fake as well. Last month, the sales taxsales tax officials had lodged a similar case at Rabale police station against a Digha trader., who had evaded Rs 32 lakh sales tax.

According to the Taloja police, assistant sales commissioner Tanaji Gaikwad,under the guidance of joint commissioner Sunil Sangale and deputy commissioner Satyajit Mane recently carried out a verification, where they sales found that Patel evaded sales tax amounting to Rs 48.57 lakh. Patel had registered a bogus firm - M/s Tops Drinks and Sand Suppliers in 2007 and carried out transactions to the tune of Rs 15.19 crore. The accused Patel had registered the said firm in the year 2007 with the sales tax department under the mandatory Maharashtra VAT ( Value Added Tax) Act. However,

For the past five years, he did not undertake any purchase and sale and instead gave had been submitting fake bills and tax invoices to several traders. Recently, assistant sales commissioner Tanaji Gaikwad, under the guidance of joint commissioner Sunil Sangale and deputy commissioner Satyajit Mane carried out an inspection and a documentn verification of Patel's firm, which

The inspection also revealed that the latter did not have an office, employees godown or goods.

Police inspector Ananda Hodage said, "We have not arrested the accused yet, as he had got the firm registered with a fictitious identity."

He had never purchased or sold any goods. However, he accepted money from traders for giving his firm's bills. Patel has not yet been arrested yet.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions