IT conducts raid at RS Brothers stores in Hyderabad on "tax evasion"

Oct 14, 2022

Hyderabad (Telangana) [India], October 14 : The Income Tax (IT) department on Friday conducted raids on the RS Brothers stores in Hyderabad, sources said.
According to the people aware of the matter, the raids are currently underway at around a dozen showrooms and premises linked to RS Brothers.
These searches are being conducted after the central agency received "credible information" of tax evasion by the group.
More details are awaited.

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