Income Tax Dept Conducts Searches in My Home Group Company

Income Tax sleuths Thursday conducted simultaneous searches at the offices of a joint venture company of My Home Group here, department sources said.

Hyderabad , July 4 (PTI) Income Tax sleuths Thursday conducted simultaneous searches at the offices of a joint venture company of My Home Group here, department sources said.

The searches were "routine in nature" and teams from Bengaluru participated in it, they said.

The action was related to the joint venture company of My Home Group with a Bengaluru based firm.

"The searches are being carried out in Bengaluru and Hyderabad, the sources told PTI.

Hyderabad-based My Home Group is one of the leading business houses involved in construction, real estate development and cement manufacturing.

The group officials could not be reached for comment. PTI

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now