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Income Tax officials are conducting searches at 20 locations across Telangana regarding discrepancies in rubber import-export and irregularities in tax payment. Houses of directors, the chairman and the CEO of Excel Group are being searched across multiple districts in the state. The searches beg
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FAQ :
Income Tax officials are conducting searches due to discrepancies found in rubber import-export activities and irregularities in tax payments by the Excel Group.
A total of 20 locations across Telangana are being searched by IT officials.
The searches include the houses of the directors, chairman, and CEO of the Excel Group, along with 10 affiliated companies and the group's offices.
The searches commenced on Wednesday and are still in progress.
Searches are taking place in multiple districts, including Gachibowli, Madhapur, Bachupally, Sangareddy, Narsingi, and Dundigal.
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