Income Tax raids at premises and offices of Pharma Company’s Top Officials in Telangana

The Income Tax Department conducted raids in 15 different sites related to pharmaceutical company in Telangana on monday.

Raids at premises and offices of Pharma Company

Reetu | Nov 13, 2023 |

Income Tax raids at premises and offices of Pharma Company’s Top Officials in Telangana

Income Tax raids at premises and offices of Pharma Company’s Top Officials in Telangana

The Income Tax Department has conducted raids in 15 different sites in Telangana on Monday.

The raids were placed at the homes and offices of the state’s chairman, CEO, and directors of a pharmaceutical business. The CEO of the company is the relative of Telangana Minister Sabitha Indra Reddy.

Search operations were conducted at the homes and offices of the chairman, CEO, and directors of a pharmaceutical business based in Telangana.

Prior to the impending Telangana assembly elections, Income Tax officers conducted searches on Monday at the family of Telangana’s Minister for Education, Sabitha Indra Reddy, in Hyderabad. Sabitha Indra Reddy has been Telangana’s Minister of Education since 2019.

According to reports, the Income Tax officials concentrated their investigation on Pradeep’s residence, who is allegedly a close relative of Minister Sabitha Indra Reddy, as well as other relatives.

Further details are awaited.

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