[Resolved]  Private Finance — Income tax investigation & necessary action

Address:

Khammam, Andhra Pradesh

I want to pass information to income tax dept against Mr. B.V.Karunakar son of B.L.Narayana have gathered huge black money. I know him from 7 years. His business is private financing and money rotation. He takes 36% annually interest from desired people & make lot money & he is not submitted tax to the govt. Every month 1st & 10th and every sunday at 5 pm he conduct monthly chits & weekly chits at his home.

CHITS LIST:

1 LAKHS CHITS= 3
50 THOUSAND CHITS= 3
25 THOUSAND CHITS = 2
DAILY COLLECTIONS

And another information karunaker son got income certificate in that karunaker income Rs 75,000 PA. How they given income certificate without inquiry? His monthly income nearly Rs 50,000 PM.

And he do not have property with his name all property belongs to his father. Without security he maintains chits. First of all I think it is illegal, he makes lot of money by this business. Huge Money put in SBH bank in his mother & wife account. Mr. Karunakar having good wealth like a good homes in berly fit bazar & Place in vidya nager colony in kothagudem, Car & Three Two-wheeler. His address is below. I request for the procedure & information by which I can highlight their misdeeds to income tax dept. I am requesting do not neglect my mail. otherwise tell me to whom i have to compliant.

Regards,
Venkat

ADDRESS
B.V. Karunakar
H.No: 9-6-119,
Berly Pit Bazar
Kothagudem-507101
Khammam Dist
Andhra Pradesh
India