Raigarh/Raipur. A jumbo team of Income Tax has raided 22 locations of steel traders in Raipur and Raigarh. The raids were conducted at plants, offices and homes in Raigarh, Sarangarh, Raipur, Mumbai and Kolkata. This group is more than 30 years old. It was told that the Income Tax team raided the establishments of Singhal Enterprises. Its operators are Sanjay Singhal, and Ajay Singhal (Agarwal). Singhal Enterprises are all the remaining companies under the main firm. These include Singhal Plant, Salasar Plant, Shyam Ispat and Singhal Energy located in Capital. Apart from this, the group also has a business of finance. Investigation is also going on at Shankar Nagar, Avanti Vihar, Chaubey Colony, Mowa and Khamhardih’s office residence of the people of the group.
It was told that recently Singhal Industry had taken over Salasar Industry, due to which both the industries have come under the income tax radar. Apart from a CA located in Kalindi Kunj of Raigarh, the team is investigating in Singhal Industry located on Banjari Marg and Salasar Industry located in Gerwani.
Singhal Group is counted among the biggest business groups of the state. A team of 100 Income Tax officers is standing by with the security of CRPF. Most of the Income Tax officers have come from Madhya Pradesh Circle. The team is being led by Deputy Commissioner DS Meena. When the teams reached the houses at 5 am, all the directors were found present. Information of some shell companies has also been received. Officers are verifying this. Along with this, 13 lockers have been found in the banks of Raipur, Raigarh which have been seized. Along with this, gold worth Rs 50 lakh and cash worth Rs 20 lakh has been recovered from the houses of both the brothers. The officers seized Rs 4 lakh and all the jewellery. They are yet to be evaluated.
