From The Hindu · The Hindu Bureau · · 1m 30s
Three convicted in Kerala tax fraud worth 26.58 lakh rupees
A former tax official, an intermediary and a trader sentenced for using forged documents to help businesses evade advance tax on interstate goods.
In brief
A former tax official, an intermediary and a trader sentenced for using forged documents to help businesses evade advance tax on interstate goods. Three people were convicted and sentenced in Thiruvananthapuram for a tax fraud scheme that cost the Kerala state exchequer twenty six point five eight lakh rupees…
Three convicted in Kerala tax fraud
The Thiruvananthapuram Vigilance Court convicted three people on Tuesday for misappropriating advance tax on interstate goods, causing a loss of twenty six point five eight lakh rupees to the state.
Sentences and fines imposed
Enquiry Commissioner and Special Judge Manoj A. sentenced former junior superintendent L. Pushparani and intermediary Satheesh Kumar to thirty two years rigorous imprisonment each with fines of eleven lakh thirty six thousand one hundred ninety…
Trader also sentenced
Trader K. Francis, sixty six, received eight years rigorous imprisonment and a fine of six lakh eleven thousand five hundred sixty rupees for his role in the scheme.
How the fraud worked
The accused used forged challans showing higher amounts paid to the Treasury than actually remitted. Pushparani, responsible for verifying tax amounts, allegedly facilitated the irregularities during two thousand seven to two thousand eight.
“the manipulation of the challans enabled four business establishments to evade tax”
Four businesses evaded tax
The forged documents allowed four business establishments to evade tax, resulting in a total loss of twenty six lakh fifty eight thousand five hundred ninety five rupees to the government.
In short
Three people were convicted and sentenced in Thiruvananthapuram for a tax fraud scheme that cost the Kerala state exchequer twenty six point five eight lakh rupees.
