Description
"They take the bill and receive the same amount in cash as stated on the bill from the manufacturer. For example, if the bill is for ten lakhs, they receive 10 lakhs in cash along with the bill. They enter the 10 lakh bill in the books of accounts and keep the cash in the safe. The creditor's account is cleared by conducting an RTGS transaction through the bank. With such a purchase bill, the stock in the books of account increases, but there is no corresponding increase in physical stock. Later, bills of sale for this increased stock are made with lower gross profit margin to reduce profits. This method represents a form of tax evasion employed by many businessmen. What if someone loots the money from that safe? Will its owner go to the police and file a complaint, stating that their hard-earned money was stolen? Let's solve this unique story and find out who deserves what punishment."
The Loot
