I-T raids on Hyderabad-based real-estate, infra company

Hyderabad: The sleuths of Income-Tax (I-T) department on Wednesday carried out searches at more than dozen places belonging to a real-estate and infra company based in the city. Separate teams from the anti-tax evasion wing of the I-T department conducted searches in Telangana and Andhra Pradesh in connection with the alleged tax evasion. It is […]

Hyderabad: The sleuths of Income-Tax (I-T) department on Wednesday carried out searches at more than dozen places belonging to a real-estate and infra company based in the city.

Separate teams from the anti-tax evasion wing of the I-T department conducted searches in Telangana and Andhra Pradesh in connection with the alleged tax evasion. It is learnt that the I-T sleuths seized crucial documents and digital evidence during the searches.

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The real-estate company, headquartered in Hyderabad, has extended its footprints in Telangana and Andhra Pradesh and completed several projects.