The Income Tax (IT) officials conducted multiple raids in Telangana and Andhra Pradesh, two Telugu states.
According to sources, approximately 40 places were searched in Hyderabad, including the houses of Kalamandir shop directors. Getting into the details, the IT official started the raid on the 2nd of May, after reports of tax evasion and other financial irregularities.
IT officials reached the houses of directors of Kalamandir Shop Mr. Sirisha Chinthapalli and Mr. Pramod at 6:00 A.M., and started searches, at both of directors houses for.
In addition, a team of IT officials are also carrying out inspections in shops located in Vijayawada and Visakhapatnam.
The searches are still underway and more details are awaited.
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