I-T department raids more than 30 locations in Karnataka
The Income Tax Department conducted raids at over 30 locations across Bengaluru, Mysuru, and other cities in Karnataka on Wednesday. The searches targeted the residences and offices of businessmen and contractors.
According to sources, a team of 10 I-T officials raided the house and properties of a contractor based in Mysuru. The officers arrived in three cars and conducted search and seizure operations for documents and property records.
In Mysuru, the raids took place at the contractor’s residence in Ramakrishnanagar, as well as at ‘M Pro Palace’ Hotel and a choultry located at Deve Gowda Circle. The operation has been ongoing for three hours, with officials also seizing documents from vehicles for verification.
The contractor, who has won multiple government project bids, owns a brick factory and other businesses.
Details of the raids in Bengaluru and other parts of Karnataka are yet to be disclosed, and an official statement from the department is awaited.
Earlier, on October 12, 2024, the Income Tax Department had conducted simultaneous raids at 50 locations across Bengaluru, targeting jewellers suspected of tax evasion. The searches were carried out in upscale localities such as Malleshwaram, Sadashivanagar, Dollars Colony, Mattikere, Sarjapur Road, and RMV Extension.
On September 27, 2024, I-T officials had also raided more than 10 corporate companies in Bengaluru over allegations of tax evasion and submission of false financial records. These operations were conducted in C.V. Raman Nagar, Bagmane Tech Park, Hulimavu, and other areas.
Additionally, officials had raided an apartment based on intelligence about fraudulent tax evasion practices. Evidence suggested that some businesses maintained dual financial records to evade taxes.
