Court Penalties Fixed in TDS Refund Scam Case 3 Years Imprisonment and ₹60,000 Fine for 2 Accused

Special Court of ACJM for CBl cases, Ahmedabad (Rural) today i.e. on 29.11.2024 sentenced the two accused Shri Suresh G. Prajapati, then Income Tax Practitioner and his wife Ms. Sobhnaben Suresh Prajapati (both private persons) for a total of 03 years. sentenced to prison. Fine of Rs 60,000/- in case of TDS refund received on the basis of fake/fake TDS certificates.

CBI had registered the present case on 31.12.2007 on allegations that Income Tax refunds were regularly filed on the basis of fake TDS certificates from Ward 12(3), Income Tax Department, Narayan Chambers, Ahmedabad.

It was revealed that Shri Sureshbhai G. Prajapati, Income Tax Practitioner, Ahmedabad, had filed a number of IT Returns on behalf of the assessees. Along with these Income Tax Returns, numerous TDS documents are also attached.

It was found that although these TDS Certificates were fake in nature, the refunds were allowed to be around Rs 3,61,298 from Ward 12(3), Ahmedabad and this was misused.

After completion of the investigation, CBI filed two charges against the accused on 31.12.2008 and 03.01.2011. After the hearing, the court found the defendants guilty and sentenced them accordingly.