IT raids in Delhi, Jaipur in tax evasion case against Rajasthan group

New Delhi, July 13: The Income Tax Department is conducting searches in four cities, including Delhi and Jaipur, in connection with a tax evasion case against a Rajasthan-based hydropower infrastructure company and some linked business groups, officials said on Monday.

They said the raids have been launched early morning in Delhi, Jaipur, Mumbai and Kota and premises of the promoters are being covered.

At least 80 tax sleuths apart from police officials are part of the action, they said.

They said the department initiated action on the basis of inputs of huge cash transactions taking place and the business group's alleged links to these transactions.