The Enforcement Directorate (ED), Mumbai has arrested a person named Purushottam Chavan on 20.05.2024 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a Rs 263 crore Income Tax refund fraud case.
Purushottam Chavan was involved in taking possession of part of the proceeds of crime (POC). Earlier, 4 accused were arrested in this case. The arrested persons are Tanaji Mandal Adhikari, Bhushan Patil and Rajesh Shetty who are in judicial custody and Rajesh Brijlal Batreja is in ED custody.
Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.