Home Income tax Individual Income Tax Income Tax Department seized Rs.5 crore during searches at Rice Mills

Income Tax Department seized Rs.5 crore during searches at Rice Mills

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Income Tax Department seized Rs.5 crore during searches at Rice Mills

Revenue Tax Division seized Rs.5 crore throughout searches at Rice Mills

Revenue tax inspectors seized Rs.5 crore throughout inspections at rice mills in Miryalaguda, Haliya, and Nalgonda on Thursday.

Officers consider the cash was meant to be utilised for election functions.

The searches have been carried out in Vajrateja rice mill in Haliya, Mahashakti rice mill and Vaidehi rice mill in Miryalaguda, Sumanjali rice mill in Nalgonda, Keerthi rice mill and Venkatasai mill in Chettipalayam.

In accordance with IT division sources, the house of 1 Sridhar, who has ties to one among these rice mills, was searched.

Regardless of claims that searches have been carried out within the houses of Miryalaguda BRS MLA Nallamotu Bhaskar Rao’s family members, he denied it.

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