Raid on IT firm for evading GST - News Summed Up

Raid on IT firm for evading GST


The IT firm is based in Viveknagar and is operating 12 other companiesOfficials of the Directorate of GST busted a racket and raided an IT firm situated in Viveknagar for not only evading GST, but also operating 12 companies under one roof. Rohit Rawat, senior intelligence officer from the Directorate General of Goods and Services Tax Intelligence (DGGI) Bengaluru zonal unit, and his team, raided the firm IObitcode Interactive, situated on Outer Ring Road, Ejipura, recently for evading taxes and recovered documents. During the search, the officials recovered documents of 12 companies registered in various places. Some of the companies are dealing with online betting and gambling and were operating from the same office. The officials seized the documents for further investigation and registered a case against the owner of the firm, identified as Umar Farooq, and the HR manager charging them under the IT Act.


Source: The Hindu August 09, 2021 19:07 UTC



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