SRINAGAR: The Income Tax Department Tuesday conducted searches at 10 premises in Kashmir Valley and others on a business group promoted by a senior Srinagar municipal corporation functionary, days after the state anti-corruption bureau acted against J&K Bank on charges of alleged irregularities.
Tax sleuths raided eight premises in Srinagar and one each in Delhi and Bengaluru of the Kehwah group, promoted by deputy mayor of the corporation Sheikh Imran.
While the CBDT did not name the group in a statement issued late evening in Delhi, it said that the department had “struck again in the J&K region”.
It said that the group searched by it is engaged in the business of transportation, manufacturing of silk yarn, hospitality, retail trading of Kashmir arts and crafts. (AGENCIES)
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