The Rajasthan High Court has granted bail to Paridhi Jain, a Chartered Accountant accused, based in Jaipur who was involved in the wrongful availing of Income Tax Credit (ITC).

As per the state tax department’s anti-evasion wing, she and her accomplice from Jodhpur Gaurav Maheshwari registered over 2 dozen firms and embezzled GST amounting to an approximate Rs. 17 Crore. The scam came into light when Gaurav was picked up by police following a complaint by his driver who claimed that his documents were used without his knowledge by Gaurav for registration of a shell firm.
The Chartered Accountant accused was released on bail on the conditions of surrender of passport before the investigating authority and a personal bond of Rs 10,00,000/- and two sureties of Rs10,00,000/- each with one surety being a close family member.