News Karnataka
Saturday, August 13 2022

Delhi: I-T raids 40 locations linked to ghee firm in Maha

Photo Credit : IANS

New Delhi: The Income Tax department on Wednesday July 20 conducted search operations at around 40 premises belonging to Madhusudan Ghee in Mumbai and other places in Maharashtra in connection with alleged tax evasion, sources said.

According to information, the firm recently invested in the power and dairy industries in Uttar Pradesh.

The income tax department hasn’t given any official quote in this respect.

Sources said that the I-T officials were scanning the last three-year transactions of the firm. They were also recording the testimonies of the employees of the firm.

In coming months, the I-T department may summon the Chartered Accountants of the firm, if their statements are required in the case, sources said.

The sources said that a few documents and incriminating materials were also seized.

Further details awaited.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.

To get the latest news on WhatsApp