TN MAN SENT TO PRISON FOR TAX EVASION
Dharmendra B. Patel, 41, of Shelbyville, Tenn., was sentenced to 9 months in prison, followed by two years of supervised release, after pleading guilty to tax evasion.
Patel, owner and operator of Pik N Check convenience and check-cashing store located in Shelbyville, admitted during the hearing that he filed his 2004 tax return with the IRS which stated his taxable income for the year was $2,916. In fact, his income for 2004 was actually around $184,957.
As part of his plea agreement, Patel admitted that the information provide to his return preparer regarding the gross income figure generated by him was significantly understated for both 2003 and 2004. Mr. Patel failed to report income of approximately $169,437 and $182,041 for 2003 and 2004, respectively.
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