Once again IT raids are happening in Hyderabad. IT searches are being conducted in Hyderabad as well as in the suburbs. IT officials with around 100 teams are conducting searches. IT raids are being conducted in the houses of individuals along with many companies of the city.
The IT officials are conducting searches at the residences of several businessmen of the city. These inspections are carried out with almost teams.
IT searches are underway at the residence of Raghuveer, the manager of an e-com company. The IT department conducted inspections at Raghuveer’s house and offices. It seems that the IT department is raiding the IT returns filed for the last five years. Doubts are being expressed on IT returns and they are being resolved.
Searches are being conducted at the residence of businessman Maganti Vajranath in Ellareddaguda. Indu Fortune is also being searched by IT teams. It seems that IT searches are going on in the houses of ten big contractors. IT searches are being conducted in the houses of Prasada Rao, Raghuveer, Koteswara Rao and Raghu. IT searches are going on in the case of tax evasion.
Also in Tamil Nadu, IT searches are going on at the residence of DMK MP Jagadrakshan. The IT department conducted inspections in the offices and residences of Jagadrakshan located in Chennai, Vellore, Arakkonam and Coimbatore. About 150 IT staff conducted inspections in 70 areas at the same time.