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.

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

Company from Income Tax Payment, 8 New Sister Concern Companies 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 File 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 Only).

• The given above Case relates to Pharma Company and FAKE things were done by 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 Only). 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 Only) for Not Disclosing these Facts in his Audit Reports from his Client.

Case 3

• Here in 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) is More Than 8,00,000 (Eight Lacs Only).

• Now if CA is Saving Rs. 50,00,000 (Fifty Lacs Only) 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 Only) 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 Only) 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 Issue / Problem by the Govt. of India.

Unique Submission of SCAM REPORTS

• Detailed “Evidences” with “ROOT SOLUTIONS” will be Sent Only to Smt. Sonia Gandhi And / Or Smt. D.Purandeswari, Union Minister of State, Human Resource Development, New Delhi And / Or The RBI Governor 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, IIT’s , MBA & Youths of Universities From Maharashtra, Kerala, Andhra Pradesh, Chandigarh, Punjab, Rajasthan, J&K, New Delhi , Assam, Orissa, Etc. have supported and joined it thru Affidavits, Signature Campaign Etc. Advocate(s) and NGO’s from these States are also in support of the matter.

Unique Proposal for Public Support

• Mr.CHIRAG SAWANT Proposed to be Appointed As The President of The ICAI Immediately after retirement of Present President CA A.Chopra, after His Proposed Presentation before Ms.Sonia Gandhi before 20th December, 2010 in presence of All Medias round the country.

SCAM In the Interest of the Nation Leaded 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.