IT conducts search against Steel Trading firm

Central Chronicle News
Raipur, Feb 09: The Income Tax team comprising of two sleuths from Hyderabad and five from Raipur conducted search against steel trader RR Industrial Corporation Pvt. Ltd here on Tuesday. The search has been conducted in view of some purchase and transaction details of this firm during an IT raid against some firm in Hyderabad.
The team comprising of two IT sleuths from Hyderabad and five from Raipur and two policemen jointly raided the office, residence of owner of this firm located at Choubey Colony and Telghani Naka, Station Road. They are reported to have seized documents related to books of account, stock available and other records from this firm.
IT team raided office and residence of RR Industrial Corporation, dealing in steel trading and its owners are Sanjay Jain, Vimal Jain and Vijay Jain.
The team conducted search at the residence of Jain brothers located in Choubey Colony. Details regarding tax evasion, if any would be disclosed only on completion of the search operation and scrutinization of documents seized.

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