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Nation Current Affairs 12 Jun 2019 Hyderabad: Income-Ta ...

Hyderabad: Income-Tax officials raid Orange Travels offices

DECCAN CHRONICLE.
Published Jun 12, 2019, 1:30 am IST
Updated Jun 12, 2019, 1:30 am IST
Two I-T teams began searches since from 12.00 pm on Tuesday which went on till late night.
Officials, ending the raids at 10 pm, said that no cash or property has been seized. (Representional Image)
 Officials, ending the raids at 10 pm, said that no cash or property has been seized. (Representional Image)

Hyderabad: Sleuths of Income-Tax,  Evasion Wing, carried out raids against Orange Travels in its corporate offices at Begumpet and Suchitra circle, following reports of tax evasion by the travel agency.

Two I-T teams began searches since from 12.00 pm on Tuesday which went on till late night. The Orange Travels that operate private inter–state buses is owned by one Sunil Reddy. The man contested from Nizamabad for the state Legislative Assembly elections on BSP ticket and lost .

 

Officials, ending the raids at 10 pm, said that no cash or property has been seized. The sleuths checked the financial statements of the company.

...
Location: India, Telangana, Hyderabad


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