On Wednesday, Income Tax investigators raided two mining companies, Serajuddin & Co. and Yazdani International Pvt Ltd.
The raids were reportedly carried out in connection with income tax evasion.
Simultaneous raids were carried out at both companies’ offices and residences in Bhubaneswar, Kolkata, Barbil, and Keonjhar.
IT personnel, aided by local police, raided Serajuddin & Co offices in Keonjhar town, Joda, Barbil, and Kolkata.
Another team of IT officers raided a Kalyan Mandap associated with Serajuddin & Co.
According to reports, during the closed-door raids, the sleuths verified all documents pertaining to their income and expenditure.
This is not the first time the IT department has raided mining companies in Odisha. Both of these companies were raided by the IT department earlier in 2016.
Prasanta Patnaik