Inome Tax Raids at house of King’s Garden Owner in Hyderabad
The Income Tax (IT) authorities launched a raid this morning at the home of Shahnawaz, the owner of King’s Garden in Falaknuma, Old City of Hyderabad.
The IT raid generated alarm in the neighbourhood, forcing neighbours to photograph the situation.
The IT department is conducting searches in Telangana ahead of the next assembly elections. In addition, police are searching the vehicles of members of the public and political leaders to ensure free and fair elections.
During a vehicle search in the Gachibowli region of Hyderabad on Thursday, police seized Rs. 5 crore in unaccounted cash from a car. The cash was then turned over to the Income Tax Department for further examination.
As the Telangana elections approach, both the police and the IT department are increasing their vigilance. A raid was carried out at the house of the owner of King’s Garden in Hyderabad in the most recent operation.
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