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India's franchise business market has seen tremendous growth, increasing four-fold since 2013, and is now valued at USD 50.4 billion. This boom has been fueled by a growing trust in franchise ownership as a reliable source of income, particularly during the COVID-19 pandemic, when many professionals ventured into the food and beverage industry.<br/><br/>One such franchise, Spice, Grill and Flame (SGF), was established on January 29, 2019, aiming to provide food services. SGF's founder, Kewal Ahuja, has expanded the franchise significantly, supported by strategic PR and advertising efforts. However, serious issues have emerged concerning SGF's compliance and financial practices.<br/><br/>SGF's franchisees have encountered significant challenges. The company collected large franchise fees without reporting them to regulatory bodies like the Income Tax Department and GST Council. Additionally, SGF has failed to comply with mandatory MCA filings. Both SGF and its sister company, Spice, share the same address and management, suggesting potential fund misappropriation. Spice's turnover reports contrast sharply with SGF's nil returns, raising further suspicions.<br/><br/>Specifically, SGF was formed in 2019 and appointed its first auditor on February 25, 2019. However, no financial records were submitted to the MCA for that year. A second auditor, appointed on December 31, 2020, also found no records filed for the previous year. This consistent non-compliance with MCA filing requirements for two consecutive years could lead to SGF being struck off if continued.<br/><br/>Moreover, SGF has not filed income tax returns for the past three years, despite collecting franchise fees. This omission indicates potential financial malpractice. SGF also applied for three GST numbers, two of which have been cancelled due to inactivity. The third, active in Mumbai, has not seen any returns filed since September 2021, raising questions about the purpose of GST collection from franchisees.<br/><br/>Kewal Ahuja's dual role as the Treasurer of BJYM Delhi Pradesh further complicates matters, as his political influence may impact investigations. Potential investors are strongly advised to reconsider investing in SGF due to these significant red flags and the company's track record of statutory non-compliance and financial irregularities.

Revealing the Truth About Kewal Ahuja: The SGF India Incident Exposed

⏲ 2:13 👁 20K

Logan Allec

BAD NEWS: IRS Announces 125,000 New NON-FILER CASES...CP59s GOING OUT!

⏲ 23 minutes 41 seconds 👁 52.1K

Chawanne Burns

Non Filers Can Still Claim Your 1st thru 3rd Stimulus Check | 3rd Stimulus Check | How To

⏲ 10 minutes 54 seconds 👁 6.5K

The world of professional wrestling is reeling after a former WWE employee, Janel Grant, filed a bombshell lawsuit against Vince McMahon, the longtime chairman and CEO of the company. The lawsuit, filed in U.S. District Court in Connecticut, paints a harrowing picture of alleged abuse, sexual assault, and even trafficking. It spans from 2019 to 2022.<br/>___________________________________________________________________<br/>You can read trending articles on this place.<br/> https://articlesaboutlife.com/ <br/>For reading Most researchedlifestyle, fashion and general topics related articles. you can visit this place.<br/>https://shakeelmalik.com/<br/>_____________________________________________________________________<br/>Disclaimer<br/> I have researched different authentic resources before making a video<br/>nbcnews.com, time.com, edition.cnn.com ,etc <br/>I don't claim this is my personal information or research. I mentioned all sources of information. Thanks<br/> __________________________________________________________<br/> Copyright Disclaimer: - <br/>Under section 107 of the copyright Act 1976, allowance is mad for FAIR USE for purpose such a as criticism, comment, news reporting, teaching, scholarship and research. Fair use is a use permitted by copyright statues that might otherwise be infringing. Non- Profit, educational or personal use tips the balance in favor of FAIR USE.<br/>________________________________________________________________________<br/>1. Former WWE employee accuses Vince McMahon of abuse, sexual assault and trafficking in lawsuit<br/>2. Vince McMahon Accused of Sexual Misconduct in New Lawsuit by Former WWE Employee<br/>3. Vince McMahon accused of trafficking former WWE employee in new lawsuit<br/>4. WWE's Vince McMahon accused of sexual assault and trafficking by former employee. Here are 5 lawsuit details.<br/>5. WWE Founder Vince McMahon Accused of Sexual Abuse and Trafficking in Lawsuit by Former Employee

Former WWE employee accuses Vince McMahon of sexual misconduct in new lawsuit

⏲ 2:25 ✓ 02-Jun-2024

KTNV Channel 13 Las Vegas

IRS launches portal for non-filers

⏲ 24 seconds 👁 1.3K

Logan Allec

IRS NON-FILERS TOOL: FULL WALKTHROUGH

⏲ 11 minutes 24 seconds 👁 66.2K

U.S. Department of the Treasury

Get Your Money: Economic Impact Payments for Non-Filers

⏲ 1 minute 55 seconds 👁 14.6K

CPA Strength

Stimulus Check,how do i get one?IRS Portal for Non Filers Please get the money owed to you.

⏲ 25 minutes 33 seconds 👁 27.2K

County of Los Angeles DPSS

IRS Non-Filers! Get your EIP!

⏲ 15 seconds 👁 552

AICPA

Non-Filers: How to receive your stimulus paycheck

⏲ 1 minute 40 seconds 👁 6.6K

Lena Petrova, CPA

🚨 CPA Explains: IRS Tax Form 1099-NEC: Everything You Need To Know

⏲ 8 minutes 53 seconds 👁 7.3K

Precedence Private Wealth

How to Transfer an RRSP to a TFSA without Tax Consequences

⏲ 29 minutes 50 seconds 👁 225.9K

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