Bhubaneswar: Income Tax raids are underway seafood company at two location in Odisha on Thursday for alleged tax evasion.
It is worth mentioning that the income tax raid has been conducted on one of the State’s largest seafood company and its group of companies.
As many as 20 teams are raiding the company and its branches from 6:30 in the morning.
The raids are currently underway in Bhubaneswar and Balasore offices. The IT raid is going on in the homes also.
The IT raid is going on based on allegations of tax evasions. According to information, the IT department is also conducting raids at the company’s promoters houses.
Further detailed reports awaited in this matter.
