Don’t miss the latest developments in business and finance.

I-T department raids 54 edible oil major's premises

The firm, Kaleesuwari Refinery Private Limited, manufactures Gold Winner brand of edible oils

I-T department raids 54 edible oil major's premises
Press Trust of India Chennai
Last Updated : May 17 2017 | 10:49 PM IST
The Income-Tax Department on Wednesday raided 54 premises of an edible oil manufacturing company in four states, including Tamil Nadu, on the suspicion of tax evasion.

The searches were on at 54 locations, including in Chennai in Tamil Nadu, Bengaluru in Karnataka, Kakinada in Andhra Pradesh and Mumbai in Maharashtra, a source in the department told PTI.

Multiple teams comprising senior officials are on the job and central paramilitary personnel have been deployed to provide proximate security.

Also Read

The firm, Kaleesuwari Refinery Private Limited, manufactures Gold Winner brand of edible oils. It also markets branded pulses.

The raids are currently on the premises, including offices and depots of the firm and documents were being examined and tallied, the source added.

More From This Section

First Published: May 17 2017 | 10:49 PM IST

Next Story