Bhubaneswar: A major IT raid in Odisha has taken place on Wednesday said reliable reports. The raids are underway at five places. The raid has taken place due to an alleged tax fraud by an organization.
According to reliable reports, the raid took place on a company based in Boudh district of Odisha. The Company has allegedly committed income tax fraud to the tune of crores of rupees.
Presently it is worth mentioning that the raids are underway at five locations in Odisha namely: Khurda, Sambalpur, Bolangir, Raygada and Boudh.
Other than these five places in Odisha stated above, simultaneous raids are underway in Kolkata and Ranchi by the Income Tax Department, said reliable reports.
It is further reported that the IT has raided the residences of all the Directors and the assistant managing directors (ADMs) involved in the Company. Further detailed reports awaited in this regard.