Hyderabad

Income Tax raids underway at over 14 locations in Hyderabad

Hyderabad: Income Tax is currently conducting searches at over 14 locations in Hyderabad. The raids are allegedly being conducted on several businessmen and politicians linked to the Bharat Rashtra Samithi (BRS) party.

As per reports, searches are being conducted at locations related to BRS MLA Maganti Gopinath. The residence and offices of businessmen Prasad, Koteswara Rao, Raghuveer, and Vajranath are also being searched. The businessmen are the relatives of the MLA.

The officials were reportedly looking into complaints of tax evasion. They were checking records of financial transactions. The I-T sleuths were also checking computers, laptops, and other digital records.

This post was last modified on October 5, 2023 3:11 pm

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Sameer Khan

Sameer Khan, a native of Hyderabad, holds an M.Tech degree. He has been associated with Siasat since 2011, covering stories on Hyderabad, Business, Sports and Technology. Beyond journalism, he is a passionate IT trainer, sharing his expertise in programming and technology with aspiring students. In his leisure time, he enjoys reading books on business, learning about emerging technologies, and exploring geopolitics.

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