BUSINESS

Grover, Madhuri Jain pay Rs 8.2 cr advance tax

Pale BharatPe managing director Ashneer Grover has paid Rs 7.1 crore advance tax for the evaluation one year 2022-23, a supply said on Wednesday.

Grover’s major other Madhuri Jain has paid Rs 1.1 crore advance tax, the supply said.

“Ashneer Grover has paid Rs 7.1 crore advance tax on March 8 and Madhuri Jain has paid Rs 1.1 crore upfront tax for evaluation one year 2022-23. This makes him concept to be one of the major wonderful taxpayers among startup founders for two years in a row,” the supply, who did now not appreciate to be named, said.

A search files from sent to Grover did now not elicit any reply. Grover is at expose below the lens of tax authorities for tax evasion attributable to alleged misappropriation of funds at BharatPe.

GST authorities are genuinely scrutinising BharatPe books of the final four years to stare if bogus invoices were issued for companies as properly. BharatPe had stripped its co-founder Ashneer Grover and his major other Madhuri Jain of all positions after a preliminary protest of an external audit commissioned by the fintech firm’s board confirmed that the duo indulged in alleged misdeeds and monetary irregularities.

GST officials have since final one year been investigating the books of BharatPe for alleged issuance of invoices with out any proper supply of things and the Directorate Same old of GST Intelligence (DGGI) in October 2021 had conducted a search operation on the fintech firm’s head place of job.

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