The IncomeTax Department today raided 54 premises of an edible oil manufacturing company in four states, including Tamil Nadu, on the suspicion of tax evasion.
The searches were on at 54 locations, including in Chennai in Tamil Nadu, Bengaluru in Karnataka, Kakinada in Andhra Pradesh and Mumbai in Maharashtra, a source in the department told PTI.
Multiple teams comprising senior officials are on the job and central paramilitary personnel have been deployed to provide proximate security.
The firm, Kaleesuwari Refinery Private Limited, manufactures Gold Winner brand of edible oils. It also markets branded pulses.
The raids are currently on on the premises, including offices and depots of the firm and documents were being examined and tallied, the source added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.