Sri Chaitanya Educational Institutions

An educational institution focused on providing quality education and preparation for engineering entrance exams.

CCI Score

-48.88

June 3

Latest Event

Tax Evasion and Financial Irregularities Exposed

The Income Tax Department wrapped up a five-day search operation at Sri Chaitanya Educational Institutions, uncovering allegations of Rs 230 crore in tax evasion and diversion of funds into other ventures. The operation, which spanned multiple cities, included seizures of cash and digital evidence, and marked another chapter in ongoing scrutiny over the institution's financial practices.

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QUISLING

Sri Chaitanya Educational Institutions is currently rated as a Quisling.

-44 to -59 CCI Score

These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

MAR

18

2025

Tax Evasion and Financial Irregularities Exposed
-58.75

The Income Tax Department wrapped up a five-day search operation at Sri Chaitanya Educational Institutions, uncovering allegations of Rs 230 crore in tax evasion and diversion of funds into other ventures. The operation, which spanned multiple cities, included seizures of cash and digital evidence, and marked another chapter in ongoing scrutiny over the institution's financial practices.
-60

Business Practices and Ethical Responsibility

June 2

The tax raid revealed significant indicators of unethical business practices through alleged tax evasion and misreporting of income. Such financial irregularities undermine corporate accountability and public trust, which are essential for supporting equitable public services and marginalized communities.

Income Tax Department Raids Sri Chaitanya Group Over Alleged Rs 230 Crore Tax Fraud
MAR

10

2025

Tax Evasion Allegations and Unethical Fee Collection
-48.85

Income-tax officials raided Sri Chaitanya Educational Institutions on March 10, 2025, investigating allegations that the institution collected fees in cash to evade tax, undermining transparency and accountability in its business practices.
-50

Business Practices and Ethical Responsibility

June 2

The institution is under investigation for allegedly collecting fees in cash to evade tax, which is an unethical business practice that undermines transparency and accountability. Such actions can erode public trust and weaken the financial integrity necessary for supporting social welfare, even if not directly linked to authoritarian or fascist agendas.

I-T raids on Sri Chaitanya for collecting fees in cash
MAR

10

2025

IT Raids Uncover Tax Evasion Allegations
-48.85

On March 10, 2025, IT department officials conducted raids at multiple branches of Sri Chaitanya Educational Institutions following suspicions that the organization used dual software systems to both record official online fee collections and conceal cash transactions to evade taxes.
-50

Business Practices and Ethical Responsibility

June 2

The alleged use of two separate software systems to record and conceal fee transactions points to unethical business practices. Such actions undermine transparency and accountability, eroding public trust and the fiscal responsibility necessary for a healthy democratic society.

IT Raids Conducted at Sri Chaitanya Educational Institutions
MAR

10

2025

IT Raids for Alleged Tax Evasion at Sri Chaitanya Educational Institutions
-39.08

Income Tax department officials conducted simultaneous raids at multiple branches of Sri Chaitanya Educational Institutions amid allegations that the institution collected fees in cash and used separate software to conceal these transactions, potentially evading taxes.
-40

Business Practices and Ethical Responsibility

June 2

The raids highlight serious concerns regarding unethical business practices. Allegations suggest that the institution engaged in cash fee collection and used dual software systems to hide these transactions, which undermines transparency and fair taxation, thereby negatively impacting corporate ethical responsibility.

IT Raids Conducted at Sri Chaitanya Educational Institutions