Quick Summary
A special Central Bureau of Investigation (CBI) court in Ahmedabad on Friday convicted two income tax practitioners, Suresh Prajapati and Shobhna Prajapati, for fraudulently obtaining TDS refunds using false or forged certificates. The court sentenced both to three years in jail and imposed a fine
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
Income tax practitioners Suresh Prajapati and Shobhna Prajapati were sentenced.
Both practitioners were sentenced to three years in jail and fined £60,000 each.
They filed income tax returns with fake TDS certificates to fraudulently obtain refunds.
Approximately £3.61 lakh was misappropriated through the fraudulent refunds.
The CBI registered the case in December 2007.
The fraudulent refunds were processed from Ward 12(3) of the Income Tax office in Ahmedabad.
CAclubindia
