In Ranchi, the capital of Jharkhand, raids are being conducted by the Income Tax Department on the premises of many well-known businessmen. According to the information, since the morning of Thursday, the Income Tax team is raiding the houses and offices of businessmen in Kanke Road, Church Complex on Main Road and Upper Bazar. The team of Income Tax Department started raids from around 7 am at Ranchi-Kolkata’s 15 places of reputed businessman Puneet Poddar, his brother and their associates. These whereabouts belong to Punit Poddar, his brother, business associate and chartered accountant. Businessman Punit Poddar is accused of tax evasion, after getting information about which the Income Tax Department has started this raid.
Income Tax Department team is scrutinizing the documents
The raid is being conducted on the allegation of evasion in income tax. Income Tax team is scrutinizing the documents of Babulal Prem Kumar’s house and office. Income tax officials are scrutinizing documents at Uma Shanti Apartment and Premsons Motor Showroom on Kanke Road. Apart from this, the Income Tax team is also raiding the house of CA Naresh Kejriwal located at Hotel Arya. Punit Poddar and his brother have huge investments in the textile and automobile sector. The Income Tax Department team has reached everywhere and is checking the necessary documents.