Income Tax Search at Residences and Offices of Pharma Company Officials in Telangana

Income Tax - Income Tax Search - Residences - Offices - Pharma Company Officials - taxscan

The income tax officials are currently conducting raids at the residences and offices including the CEO of the pharmaceutical company in Hyderabad which is the relative of Telangana Minister Sabitha Indra Reddy. Also carrying out searches at 15 different locations across the city. Search operations were carried out at both the residential and office premises belonging to the chairman, CEO, and directors of a pharmaceutical company located in Telangana.

Preceding the upcoming assembly polls in Telangana, Income Tax officials initiated searches on Monday at the residence of Telangana’s Minister for Education, Sabitha Indra Reddy’s relatives in Hyderabad. Sabitha Indra Reddy has held the position of Minister for Education in Telangana since 2019. The Income Tax authorities focused their search on the residence of Pradeep, who is purportedly a close relative of Minister Sabitha Indra Reddy and also other relative too, reported NDTV

Full particulars regarding the nature and results of these operations have not been revealed as of now.

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