Income Tax raids on sugar manufacturing group
   Date :28-Feb-2020

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Staff Reporter :
 
Raid covered premises in Hoshangabad, Bhopal, Piparia and Narsinghpur 
 
Income Tax Department conducted a raid against a sugar manufacturing group based in Hoshangabad on Thursday. Along with this, some premises of group situated in Bhopal were also covered in the raid. Cash, incriminating documents suggesting huge tax evasion were also found during the course of raid. A senior Income Tax officer told ‘The Hitavada’ that raid was conducted against Hoshangabad based sugar manufacturing group Maheshwari.
 
The raid covered around 15 premises, of them a few premises are situated in Bhopal, Piparia and Narsinghpur respectively. This group also has an office in Indore as well. The officer in concerned claimed that group has done tax evasion in crores and things in this regard would become clear by Friday. On the first day of raid, huge cash, incriminating documents, bank lockers etc were found, he told. The raid in Bhopal covered a premise in Shahpura as well.