National Politics

IT Conducts Raid At RS Brothers Stores In Hyderabad On “Tax Evasion”

Income Tax Department

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.

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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.)

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