Now Reading: Mumbai mall society office-bearers booked over Rs 4.47 crore tax dues
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Mumbai mall society office-bearers booked over Rs 4.47 crore tax dues
Khar police have registered an FIR against three office-bearers of Link Square Mall’s cooperative society, alleging they collected Rs 2.73 crore in property tax from members but did not pay the BMC…
The Story in Brief
Khar police have registered an FIR against three office-bearers of Link Square Mall’s cooperative society, alleging they collected Rs 2.73 crore in property tax from members but did not pay the BMC since 2019. Penalties allegedly pushed the outstanding amount to Rs 4.47 crore. The case names a former secretary, treasurer and another office-bearer, and includes allegations of criminal breach of trust and cheating.
The society, covering 198 shops and a restaurant, allegedly failed to hold elections for nearly two decades, appoint auditors or present audited accounts. Shop owners’ complaint also cited missing records after a fire on April 29 last year. A fire brigade inquiry had found fire-safety deficiencies. The FIR referred to Bombay High Court proceedings over appointing an administrator.
The Indian Opinion
It would be easy to call this just a tax scam, or to treat the fire as proof of deliberate destruction. Neither conclusion has been established by the FIR. The allegations point to weak internal controls, years without elections and poor access to records, while the fire inquiry separately found safety failures. The fair test is whether investigators recover payment trails and records, and whether the cooperative authorities install accountable management for the 198-member society.
Source: timesofindia.indiatimes.com
This story was synthesised by AI from the source linked above.
