Two FIRs against DSK for evasion of VAT

ST Correspondent
Saturday, 21 July 2018

The accused persons didn’t pay the VAT for DSKDL and DSK Motors during the period

Pune: Two new cases have been registered against real estate developer Deepak Sakharam Kulkarni or DSK, his wife Hemanti Kulkarni and his son Shirish Kulkarni for evading Value Added Tax amounting to Rs 52.26 crore of their two companies during the period between 2006 and 2009. 

Two FIRs were lodged against the trio at Shivajinagar police regarding non-payment of tax by Sales Tax officials Amol Aher and Ganesh Kulkarni. The complaint was lodged when DSK did not respond to repeated appeals including legal notices by the Sales Tax Department to pay the VAT. 

According to Shivajinagar police, the accused persons didn’t pay the VAT for DSKDL and DSK Motors during the period. 

The police have registered a case under section 420 (Cheating) and other relevant sections of IPC against the three accused. 

Kulkarni has been booked by the Economic Offences Wing (EOW) of Pune City Police on charges of cheating over 2,500 investors to the tune of Rs 230 crore. 

The Pune-based real estate couple is already under arrest. According to prosecution, Kulkarni’s firm collected over Rs 1,000 crore in the form of deposits and unsecured loans, which was “systematically” diverted in “pre-planned” manner.

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