IT raids at Embassy Group office in Bengaluru
Team Udayavani, Jun 1, 2022, 3:42 PM IST
The Income Tax Department on Wednesday raided multiple business groups, including the Embassy Group premises in Bengaluru as part of a tax evasion investigation against them, officials said.
Premises of the business groups in Delhi, Haryana, Karnataka, Maharashtra, and Madhya Pradesh are being searched as part of separate probes, they said. Sources said that IT raids are underway against Narpat Singh, Director of the Embassy group and Jeethu Nirvani, Managing Director of the Embassy group.
The business groups that are being searched include those involved in liquor manufacturing and sale, dairy and milk, real estate, and logistics among others.
Various investigation directorates of the department located in these states are undertaking the searches after ”credible” tax evasion inputs were gathered, the officials said.
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