Income Tax officials are currently conducting searches in the house, office, and residence of the owner of a pharma company in Hyderabad. The searches are being carried out in nine different areas since Tuesday morning. Specifically, searches are taking place in Raydurgam, Kokapet, and Moinabad areas.
The reason for these searches is allegations of income tax evasion against the pharma company. The Income Tax Department is taking action in response to these allegations.
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