Man, Asked To Pay Rs 113 Crore In Tax, Says He Earns Rs 53,000 A Month
NDTV
It is learnt that PMO had initiated an inquiry into Ravi Gupta's case after it was first reported by ANI in 2020. Despite this, Mr Gupta has received yet another notice from the income tax department on March 28.
A resident of Bhind in Madhya Pradesh with a monthly income of Rs 53,000 got a demand notice from income tax (I-T) department to cough up Rs 113.83 crore for alleged transactions of Rs 132 crore in his account in 2011-12.
According to the I-T department, Bhind resident Ravi Gupta is a promoter of Tiya Traders, a diamond-trading company registered as a firm in Surat and Mumbai. The I-T department also said Mr Gupta has Tax Identification Number (TIN) registration, service tax registration, cheque details of Tiya Traders of RBL Bank and an Axis bank account which had been opened at Malad, Mumbai branch.
However, Mr Gupta said except for PAN copy and his photograph, nothing else belongs to him and that he is a victim of a big fraud racket.
It is learnt that PMO had initiated an inquiry into Ravi Gupta's case after it was first reported by ANI in 2020. Despite this, Mr Gupta has received yet another notice from the income tax department on March 28.
