Income Tax sleuths have been conducting raids in nine locations of a reputed businessman of the steel city here today, IT sources said.
The IT (Investigation) team is conducting raids across nine premises of Hare Ram Singh in the steel city today, the sources said.
Singh owned three schools and is also one of the Directors of Jamshedpur Urban Co-operative bank.
The sources, however, refused to divulge the details about the recovery as the raids were still on.
Disclaimer: No Business Standard Journalist was involved in creation of this content