Last Updated on March 29, 2025 by IPO Manthan Team
A shocking case of fraud has surfaced in Madhya Pradesh, where an egg seller from Pathariya has received an Income Tax notice demanding clarification on transactions worth ₹50 crore. The man, identified as Prince Suman, earns a modest daily income of around ₹500 and was left stunned when he received the notice on March 20, 2025.
The Income Tax Department has asked him to provide documentation related to financial activities amounting to ₹49,24,57,217 for the fiscal year 2022-23. The notice demands bills, bank statements, and other records, leaving the egg seller completely confused.
Fraudsters Used Egg Seller’s Identity
Upon investigation, it was discovered that fraudsters had misused Suman’s identity to register a fake company named “Prince Enterprises” in Delhi. This company was allegedly involved in high-value financial transactions before being shut down. Suman, who had no knowledge of this, was shocked to find his name linked to such a huge sum.
“I can barely earn ₹200-400 by selling eggs all day. The mention of ₹50 crore seems like something from another world,” said Suman, expressing his disbelief.
A Growing Problem in Madhya Pradesh
Cases like these are becoming more common in Madhya Pradesh, where criminals misuse personal documents for fraudulent activities. Many innocent people have become victims of identity theft, facing false tax claims and legal trouble.
For the egg seller, this tax notice has brought unnecessary stress and confusion. With no connection to the fake company, he is now caught in a bureaucratic nightmare, trying to prove his innocence.
Steps Taken by the Egg Seller
To resolve this shocking issue, the egg seller has taken several steps.
- Police Complaint: Suman has filed a case with the local police, reporting the identity theft and fraud. Authorities have started an investigation to track down those responsible.
- Gathering Evidence: He is collecting documents to prove his real income and that he has no connection to the fake company.
- Legal Consultation: To fight the notice effectively, he is seeking legal advice to challenge the tax demand and clear his name.
The Road Ahead
The Income Tax Department is yet to comment on the case, but experts suggest that the egg seller should submit a formal response to the authorities with all necessary proof. If needed, legal proceedings might be required to ensure justice.
This incident highlights the growing danger of identity theft and fraudulent financial activities. While Suman hopes to resolve this issue soon, his case serves as a warning for others to be cautious about how their personal details are used.