BIGGEST SCAM….With ROOT SOLUTIONS

Till Date India has Seen Many Scams Like “Satyam”, “2G”, “Securities Scam – Harshad Mehta & Ketan

Parekh”, “UTI Scam”, “Stamp Paper Scam” Etc. But All Came WITHOUT

Solution(s).

Unique SCAM With “Root Solutions”

• This Scam is Coming with Not Only “Concrete Evidences” But also with “Permanent Solution(s)” to avoid such Scams Forever.

• To be called “Govt. of India Treasury Scam”.• “The Financial Revolution in India” in the

interest of the nation and it’s citizens Lead by Mr. CHIRAG SHASHIKANT SAWANT.

Why scams are coming one by one ?

• Because there are NO Ideas to control these scams.

• Because NO–body is interested to find out solution.

• Because NO-body is ready to listen to the voice of a person who is giving solution.

• Because NO-body has Will Power to stop these scams.

Root causes of any scam• All Scams are Planned Scams formulated by

experts of financial jugglery. • Those experts may be specially qualified or may

not be.• But Financial Auditors may not be Non-

Chartered Accountants. And Financial Audit is compulsory for large organizations.

• For Financial Audit, any CA always uses Innocent C.A.Students who have been prepared to work according Corrupt Wills of The Chartered Accountants.

What are after effects of Financial Jugglery (SCAMS)?

• Money Instead of Reaching “Govt. of India’s Treasury” reaches to the pockets of Few Govt. Officers/Politicians, CAs’, Etc.

• Price Hike.• Inflation.• Social unbalancing.

Case 1• To Save Income of Rs. 2,00,00,000 (Two Crores) of 1

Company from Income Tax Payment, 8 New Sister Concerns were Created by Preparing FAKE Expense, Cash Vouchers, FAKE Bills, FAKE Books of Accounts, FAKE Trial Balance, FAKE Balance Sheet & Profit & Loss A/c. And Same Companies Income Tax Returns were Filed along with FAKE AUDIT REPORTS Claiming LOSSES To be Carried Forward instead of Actual Profit.

• Amount Saved from Reaching The Govt. of India’s Treasury here is Atleast Rs. 60,00,000 (Sixty Lacs).

• The given Case relates to A Pharma Company and FAKE things were done by A Renowned CA.

Case 2

• Here Cash Income of Client Business was Not Recorded Intentionally. It was A Tax Audit Client of Partnership Firm having Project of more than 2 Years. Amount of Cash Income NOT RECORDED in these 2 Years was More Than Rs. 5,00,00,000 (Five Crores). These Incomes were recorded on Rough Paper File Register for Future Reference of the Client.

• CA Claimed Atleast Rs. 25,00,000 (Twenty Five Lacs) for Not Disclosing these Facts in his Audit Reports from his Client.

Case 3

• Herein 1 of the Most Reputed CA Firm, Income Tax Returns of Clients were E-Filed with Income Tax Department.

• After E-Filing Income Tax Returns, Balance Sheet, Profit & Loss A/c. and Other Books of Accounts along with Audit Reports were Altered (Changed) on the basis of E-Filing of Income Tax Returns.

Companies Registered with MCA

• Companies Registered with MCA (Ministry of Corporate Affairs) are More Than 8,00,000 (Eight Lacs).

• Now if CA is Saving Rs. 50,00,000 (Fifty Lacs) Average Revenue Per Company from Reaching The Govt. of India’s Treasury then Total Amt. = 8,00,000 X Rs. 50,00,000 = Rs.…………………..Crores.

Partnership Firms in India

• There are More than 20,00,000 (Twenty Lacs) Partnership Firms in India, more than 60% Not Registered with Registrar of Firms.

• If CA is Saving Average Rs. 15000 (Fifteen Thousand) Income Tax from Reaching Govt. of India’s Treasury then Total Amt. = 20,00,000 X Rs. 15000 = Rs…………..CRORES.

Net Worth of SCAM

• Atleast Rs.10000000000000 (Rupees Ten Lac Crore) is the Minimum Revenue which will be reaching to “The Govt. of India’s Treasury” DIRECTLY without Any Blockages in the very 1st Year of Application of “ROOT SOLUTION(s)” to the Issues / Problems by the Govt. of India.

Unique Submission of SCAM REPORTS

• Detailed “Evidences” with “ROOT SOLUTIONS” will be Sent Only to Smt. D.Purandeswari, Union Minister of State, Human Resource Development, New Delhi And / Or The RBI Governor Etc. Authorities having The Constitutional Powers of Applying it as per “MEDIA Presentation Format” Specified.

Preliminary Reason(s) to This SCAM• These Confidential Documents will provide

Details of How “REVENUE” is being “BLOCKED” From Reaching The Govt. of India’s Treasury, by “Compelling”, “Teaching”, “Training” And “Forcing” more than 7,00,000 potential youths to make FAKE (FALSE) Balance Sheet(s) , FAKE Expense(s) Entries and Voucher(s), FAKE Profit & Loss A/c., And Filing FAKE Income-tax / Sales Tax Return(s) Etc. which in turn has / is hampering the Progress and Development of India and Common Man and also give rise to Heavy Taxes and Increasing Prices i.e. Inflation.

Support Received till Date

• CA Students, IITs’ , MBA & Youths of Universities From Maharashtra, Kerala, Andhra Pradesh, Chandigarh, Punjab, Rajasthan, J&K, New Delhi, Assam, Orissa, Etc. have supported and joined the movement thru Affidavits, Signature Campaign Etc. Advocate(s) and NGOs’ from these States are also in support of the matter.

Unique Proposal for Public Support

• Mr. CHIRAG SHASHIKANT SAWANT Proposed to be given full public support in this matter in the interest of the nation for his presentation in the presence of All Medias round the country.

SCAM In the Interest of the Nation Lead By……

• Mr. CHIRAG SHASHIKANT SAWANT (A Student of CA FINAL of The Institute of Chartered Accountants of

India) Mobile No.:- +91 9898345389. 3rd Floor, Shelar Building, Above CANARA Bank, Shelar Wadi, Gokhale Road, Naupada, THANE. MAHARASHTRA. INDIA. And Friends From, MAHARASHTRA, RAJASTHAN, WEST BENGAL, UTTAR PRADESH (U.P.),

MADHYA PRADESH (M.P.), ASSAM And Other States of INDIA.