The Directorate of Enforcement (ED), Itanagar Sub-Zonal Office, has provisionally attached movable and immovable assets worth approximately ₹36.47 lakh under the Prevention of Money Laundering Act (PMLA), 2002, on August 11, 2026. These assets—linked to a case involving the fraudulent claiming, utilization, and encashment of Input Tax Credit (ITC)—comprise bank account balances and a commercial plot located in B-Sector, Naharlagun, Papum Pare district, Arunachal Pradesh.
The Enforcement Directorate (ED), Itanagar Sub-Zonal Office has provisionally attached movable and immovable properties worth approximately Rs 36.47 lakh vide Provisional Attachment Order No. 04/2026 dated 11.08.2026 under the Prevention of Money Laundering Act (PMLA), 2002 in a case related to fraudulent availment, utilization and repayment of Input Tax Credit (ITC). The attached properties include balances available in bank accounts and a commercial plot situated at B-Sector, Naharlagun, Papum Pare District, Arunachal Pradesh.
The ED initiated the investigation on the basis of an FIR registered by the Investigation Bureau (Economic Offences) Police Station, Guwahati against M/s Amit Traders and others under the Indian Penal Code. The investigation revealed that M/s Shree Ram Enterprises fraudulently generated ITC of approximately Rs 116 crore during the financial year 2022-23 through fictitious invoices without actual supply of goods or services, which was then routed through a network of non-existent entities and transferred to various subsequent beneficiaries.
M/s Shri Ram Enterprises generated fraudulent input tax credit (ITC) of approximately ₹41.43 crore through a network of fictitious shell entities without any actual underlying supply of goods or services. The said fraudulent ITC was subsequently availed by existing subsequent beneficiaries, including Yalpu Enterprise (Prof: Tatum Tele Komdir, ₹47.01 lakh), Zee Engineering & Construction (Prof: Mrs. Likha Naap, ₹25.03 lakh), and Angela Enterprises (Prof: Mrs. Kotu Bui, ₹10 lakh).
The present attachment includes the balances in the bank account of M/s Sun Force Solar Pvt. Ltd., which have been attached as direct proceeds of crime due to their direct traceability to the tainted funds, as well as the balances in the bank accounts and immovable properties held by Tatum Tele Komdir (Prof.: M/s Yalpu Enterprise), Mrs. Kotu Bui (Prof.: M/s Angela Enterprises) and Mrs. Likha Naap (Prof.: M/s Zee Engineering & Construction) representing the value of proceeds of crime fraudulently obtained and utilized by their respective establishments.
Earlier, in the same case, the ED had provisionally attached properties worth approximately Rs 3.30 crore, which has been confirmed by the Hon’ble Adjudicating Authority under Section 8 of the PMLA and a prosecution complaint was also filed before the Hon’ble Special Court (PMLA) under Sections 3 and 4 of the PMLA. With the present attachment, the cumulative value of properties provisionally attached in this case has reached approximately Rs 3.66 crore.
Further investigation is ongoing.
Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked as a reporter, a podcaster and an editor for publications across India.