The Income Tax (IT) department on Friday conducted raids on the RS Brothers stores in Hyderabad, sources said.
Hyderabad: The Income Tax (IT) department on Friday conducted raids on the RS Brothers stores in Hyderabad, sources said.
According to the people aware of the matter, the raids are currently underway at around a dozen showrooms and premises linked to RS Brothers.
Also Read: Drugs Worth Rs 900 Cr Seized Since May 2021: Assam CM Himanta Biswa Sarma
These searches are being conducted after the central agency received “credible information” of tax evasion by the group.
More details are awaited.
(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)
Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
