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I-T raids K S Oils premises

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Press Trust of India Bhopal

Income Tax (I-T) department today raided premises owned by a leading edible oil manufacture in over half a dozen cities in Madhya Pradesh and other parts of the country, a top I-T official said.

More than 250 I-T staffers besides those from other departments were engaged in raids on K S Oils in Bhopal, Indore, Gwalior, Guna, Ratlam, Morena and Sheopur Kala since morning following reports of tax evasion by the company, he said.

The searches were also being conducted on the company in other parts of the country, the official said, but declined to provide details since the operation was still in progress.

 

The company officials were not available for comment.

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First Published: Mar 11 2010 | 3:31 PM IST

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