Mumbai News: Vakola Resident Faces ₹2.83 Crore GST Demand After Fraud; Case Registered

Mumbai: A case has been registered against an unidentified person for allegedly forging documents in the name of a Vakola resident to open a bank account and conduct fraudulent transactions amounting to Rs 13.77 crore. The incident has left the victim, Jeetendra Adsul, in distress after receiving multiple tax notices from government authorities.

According to police officials from Vakola police station, the fraud came to light in November 2022 when Jeetendra’s tax consultant noticed suspicious transactions linked to a bank account associated with his PAN card. The account had recorded financial activity totalling Rs 13.77 crore, resulting in a demand for Rs 2.83 crore in taxes from the Income Tax and Goods and Services Tax (GST) departments, according to a Hindustan Times report.

The complaint was lodged by Jeetendra's 21-year-old daughter, Sakshi Jeetendra Adsul, who stated that her father had been receiving relentless notices from tax authorities. The authorities are asking him to pay Rs 2.83 crore in taxes because of tax fraud.

Police revealed that the fraudulent bank account was opened using Jeetendra’s name and PAN number but bore a different individual's photograph. The account, operating under the name “Cultural Traders", was allegedly used to carry out the high-value transactions.

The police mentioned that when Jeetendra voiced his worries, the income tax department did not assist him Also, he said, “However, the departments continued to send him notices till 2025,” said a police officer from the Vakola police station. “On approaching the income tax department, Jeetendra was told a bank account related to his PAN card was carrying out the transactions of ₹13.77 crore under the name of cultural traders. The bank account had his name but some other person’s photo", as per report.

On Friday, Vakola police registered a case under several sections of the Indian Penal Code, including 406 (criminal breach of trust), 420 (cheating), 465 (forgery), 467 (forgery of valuable security), 468 (forgery for purpose of cheating), and 471 (using a forged document as genuine).

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