Income Tax Department conducts multiple raids on houses, showrooms of businessmen in Srinagar

Srinagar, Oct 22: Sleuths of Income Tax Department conducted multiple raids in parts of Srinagar city on Thursday.

Sources told news agency KNT that raids were conducted in the showrooms and houses of some businessmen.

The locations that were raided included Nowhatta, Raj Bagh, Nishat, Sariabala and other parts.

Sources added that during wee hours Income Tax department raided the house of Imtiyaz Ahmad Kawoosa and Bilal Ahmad Kawasoowa at Kawoosa Lane Nishat.

A showroom located at Nowhatta and a warehouse in Raj Bagh was also raided.

Unconfirmed reports said that the reason behind these raids is tax evasion.

The raids were in progress till the filing of this report. (KNT)

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