Tax evasion probe: I-T Department launches searches at 74 places in Tamil Nadu’s Chennai and Coimbatore

The Income Tax Department launched searches at 74 places in Tamil Nadu, including Chennai and Coimbatore, in connection with a tax evasion probe

Press Trust of India January 29, 2019 11:28:57 IST
Tax evasion probe: I-T Department launches searches at 74 places in Tamil Nadu’s Chennai and Coimbatore
  • The tax evasion probe is being carried out against some real estate groups and a retail store chain

  • The premises of Saravana group business owner Yogirathinam Pondurai are also being covered as part of the action

  • A team of 70 tax officials are conducting these raids with police assistance

New Delhi: The Income Tax Department on Tuesday launched searches at 74 places in Tamil Nadu in connection with a tax evasion probe against some real estate groups and a retail store chain in the state, officials said.

They said the raids are being carried out in state capital Chennai and two places in Coimbatore against two realty groups and premises of retail chain Saravana stores, they said.

Tax evasion probe IT Department launches searches at 74 places in Tamil Nadus Chennai and Coimbatore

Saravana Stores in Chennai. ANI

The premises of Saravana group business owner Yogirathinam Pondurai are also being covered as part of the action, they said.

A total of 74 places are being covered as part of the raids and a team of 70 tax officials are undertaking the operation with police assistance, they added.

The department had earlier this month conducted large-scale raids on a number of popular eateries of the state including Saravana Bhawan outlets.

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