A case has been registered at the Udgir City police station following a complaint from the income tax department. This action was taken late on Friday night, marking the initiation of an investigation into the matter.
Chhatrapati Sambhajinagar: A chartered accountant from Udgir in Latur district was arrested on Sunday for allegedly issuing 1,810 Form 15CB certificates without carrying out the mandatory verification process, facilitating overseas remittances worth over Rs 2,143 crore through suspected shell entities. Latur superintendent of police Amol Tambe said, “A case was registered at Udgir City police station late on Friday night under Sections 318(4), 234, 229 and 3(5) of the Bharatiya Nyaya Sanhita (BNS), based on a complaint filed by the income tax department . The accused was arrested and produced before a court on Monday, which remanded him to nine days of police custody.”
According to the complaint filed by deputy director of income tax (investigation) Deepak Kumar , the department’s Nagpur investigation wing conducted a survey at the CA’s office on Aug 18. During the operation, officials allegedly discovered that he had issued 1,810 Form 15CB certificates between 2022-23 and 2025-26 without properly scrutinising the underlying transactions and supporting documents.