Summary:
Doshi then allegedly opened two accounts in Narola’s name with Vardhman Co-operative Bank at Chandi Bazaar locality in Jamnagar. He told Bhatt that he was no longer in need of a PAN card and that he wanted to surrender it to the I-T department.When Bhatt got Narola’s PAN card, he gave it to Shashank Doshi, a chartered accountant who has an office on PN Marg in Jamnagar. When he inquired with the I-T department, he realized the fraud and approached police with the complaint,” said K K Buwal, inspector of Jamnagar A-Division police station.The accused are yet to be nabbed. RAJKOT: Jignesh Narola got the shock of his life when he received an income tax (I-T) notice asking him to cough up Rs 3.23 crore.Narola, who works at a private firm in Rajkot, explained to the I-T officials that he had never done transaction of such huge amount. The third accused, Vijay Galaiya, signed as a witness while opening the accounts.“From January 15, 2011 to November 15, 2014, the accused used accounts opened in Narola’s name to transact in black money worth Rs 6.34 crore, following which Narola received the notice from the I-T department..