City
Epaper

IT, ED searches at granite firms in Telangana

By IANS | Updated: November 9, 2022 15:10 IST

Hyderabad, Nov 9 Officials of the Income Tax department and the Enforcement Directorate on Wednesday conducted joint searches ...

Open in App

Hyderabad, Nov 9 Officials of the Income Tax department and the Enforcement Directorate on Wednesday conducted joint searches at the offices and residence of owners of granite firms including Telangana minister Gangula Kamalakar.

The simultaneous searches were on at about 20 locations in Hyderabad and Karimnagar at the residence and other premises of the civil supplies and backward classes welfare minister and other granite businessmen.

Teams of IT and ED officials conducted simultaneous searches. They were reportedly checking the records and transactions at the offices of granite industries at Panjagutta, Hyderguda, Somajiguda and other areas in Hyderabad.

The searches were carried out at the minister's house in Karimnagar town and also on the offices of granite industries owned by his relatives in Mankammatota and Kaman areas.

The minister or his family members were not present during the searches.

The IT and ED officials are believed to have taken the action following allegations of tax evasion and FEMA violations against granite businessmen.

The ED had earlier issued notices to eight industries.

The central agencies are believed to be checking the records pertaining to exports and alleged illegal excavation of granite quarries.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Enforcement DirectorateFemaDepartment of economic affairs of finance ministryGangula kamalakarRevenue and department of economic affairsGovernment of india, directorate of enforcementFormer enforcement directorateIncome tax, enforcement directorate
Open in App

Related Stories

BusinessAnil Ambani’s Stocks Reliance Power & Reliance Infra Hit Lower Circuit as He Prepares to Face ED for Second Time

NationalITC Scam: ED Raids 12 Locations Across Maharashtra, Jharkhand, and West Bengal in ₹750 Crore Fraud Probe

BusinessDelhi: Anil Ambani Appears Before ED In in Rs 17,000-Crore Bank Loan ‘Fraud’ Case

NationalNational Herald Case: Congress Party Workers Detained in Protest Over ED Targeting Sonia & Rahul Gandhi (Watch Video)

InternationalMehul Choksi Arrested in Belgium on India’s Extradition Request

Politics Realted Stories

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala