Quick Summary
In a startling case that has brought into question the misuse of identity documents and systemic loopholes, a middle-agedmaster masonfrom the Multai area of Betul district has received an income tax recovery notice worth Rs 314.79 crore-despite claiming to earn no more than Rs 500 a day. Chandrashe
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 Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)
3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The mason, Chandrashekhar Kohad, received an income tax recovery notice worth Rs 314.79 crore.
The mason claims to earn no more than Rs 500 a day.
The tax notice was issued for assessment years 2014-15 and 2015-16.
The mason suspects that his identity documents were misused, possibly by a private bank agent in Nagpur who helped him open a current account years ago.
Yes, a similar case involved an egg vendor from Damoh district who received a Rs 6 crore GST notice for a firm allegedly registered in his name.
CAclubindia
