Office Assistant Residing in the Slums Receives a Shocking 5.4 Crore I-T Notice

BENGALURU: Ravi Jaiswal, a 32-year-old office assistant residing in Ganesh Deval Nagar slums in Bhayander (West) recently received the shock of his life when he got a notice from the Income Tax Department. The notice mentioned that he owned four companies the payment of owes tax payment of over 5.4 crore. Trapped in an unfortunate and scary situation, he approached Mahesh Patil, the Superintendent of Police in Thane who conducted a detailed investigation after evaluating Ravi’s financial status, reports the Business Insider.

Further details about the investigation revealed that, after demonetization, Ravi’s Aadhaar and PAN cards were used to start four bogus companies––Gem Redtech, Shayansh Corporation, Purvi Realty and State Ford Textiles. Ravi told the police that, in 2008, he was asked to submit his Aadhaar and PAN cards to open a bank account when he joined a company owned by a Kandivli-based chartered accountant Rajesh Agrawal. But, instead of getting transferred to a bank account, he got his salary in cash. Later, in 2012, he left Agrawal and joined another company.

After conducting further investigation on the case, Bhayander police arrested Agrawal (42), his former business partner Rajeev Gupta (30) and his two employees––Santosh Singh (32) and Juglesh Gupta (25) for starting four bogus companies in Ravi Jaiswal's name to launder money. Later, Thane court sent the accused to police custody.

According to the police, Agrawal is a resident of the Evershine Millennium Paradise in Thakur village, Kandivli (east). Post demonetization, he opened two bank accounts in Ravi Jaiswal's name by forging his signature. Whereas Rajeev, who resided in Bhayander, had asked Jaiswal to join Agrawal's company; and left the company himself in 2012 to start a gas agency. Police strongly suspect that the paperwork for starting the bogus companies was arranged by Santosh and Juglesh. Police also conducted a raid in Agrawal's Malad office and seized a hard disk, some documents and fake government rubber stamps. Police also believe that they had started two more bogus companies.

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