Income Tax officials launched a series of raids at multiple residences and business locations of three prominent Ludhiana businessmen on Wednesday. The targeted individuals are reportedly involved in the beverage and liquor trade, financing, and transportation sectors. The raids commenced in the morning hours, with I-T teams carefully scrutinizing financial records and transactions pertaining to the respective businesses. According to an anonymous source within the Income Tax Department, the operations are part of ongoing tax payment verification. The raids primarily focus on ensuring compliance with tax regulations and identifying any potential discrepancies. The search operations are currently ongoing, and no further information has been released at this time.
I-T Raids at Ludhiana Businessmen’s Premises: Tax Payment Verification
