Middlesex County, New Jersey Indian CPA Amit Govil Pleads Guilty

Amit Govil (58) of New Brunswick, NJ pleaded guilty today to an indictment charging him with making and subscribing a false tax return.

Licensed as a Certified Public Accountant in New York and New Jersey, Amit Govil admitted in Newark federal court that he under-reported his income on his personal tax return, avoiding paying more than $672,000 in taxes.

According to the court documents:

Govil, licensed as a CPA in New York and New Jersey, operated P&G Associates, a business headquartered in East Brunswick, New Jersey, providing risk management and audit services to community banks. Govil admitted that for the tax year 2010, he underreported and failed to report the gross receipts or sales of P&G Associates on Schedule C of his personal tax return, avoiding more than $672,000 in taxes.

Potential Penalty

The count of making and subscribing a false tax return carries a maximum potential penalty of three years in prison and $250,000 fine, or twice the gross gain or loss from the offense.

Amit Govil’s sentencing for filing false tax return is scheduled for May 13, 2019.

Court Documents & Related NJ Indian Tax Fraud Posts
Amit Govil CPA Indictment
NJ Indian Pharmacy Owner Charged with Conspiracy to Defraud IRS
Monmouth County, New Jersey Indian Pharmacy Owner Ajay Barthwal Pleads Guilty to Tax Evasion

You must be logged in to post a comment Login