Income-Tax conducts major raids on Kota stone firms

Income Tax officials on Wednesday morning raided  around 12 establishments and residences of three mining industrialists in Kota and Jhalawar districts. At the time of filing this report the raids were continuing and a large amount of undeclared income and assets are likely to be unearthed.  The three mining establishments are Banas Kota Stones and mines group, Goodwill Stones and mines group and Golden Stones and mines group.  

The partners of the three industrialists, their relatives are being quizzed by the IT teams. More than 100  IT personnel from Jaipur, Udaipur, Tonk and Sawai Madhopur have been involved in the raids.

According to Bharat Singh, SHO at Sukait police station, at some places the IT team even faced protests and resistance. In Sukait town of Kota district family members and supporters of one protested against the raids. However, the police presence brought the situation under control.

IT teams during raids in Mahaveernagar,  Indira Vihar and Inderprasth industrial area and residences on Chambal Garden road of Kota have seized many incriminating documents.