Big Action by Income Tax Department in Jaipur and Kota!
The Income Tax Department launched a major crackdown on Tuesday, hitting 18 locations connected to real estate and pan masala businesses in Jaipur and Kota.
Around 150 officials were involved in this large-scale raid, which aimed to uncover hidden assets and curb tax evasion. Officials say the operation was sparked by complaints about unreported income, large cash transactions, and fake documents.
Sources suggest that the searches may reveal huge amounts of cash, benami properties (properties held in someone else’s name), and other undisclosed assets.
One of the main targets is the High Fly Real Estate Group in Jaipur. Authorities raided their eight locations, suspecting large cash dealings and black money in property deals.
Additionally, three sites linked to Siddheshwar Gums, known for signature pan masala brands in Kota, were searched. The company faces charges of irregular financial records and tax evasion.
The operation also included six locations of Gokul Kripa Group, including BRB Developers in Jaipur. These sites are being checked for undeclared income and suspicious property transactions.
The raids began early in the morning and are expected to continue into the night. The officers are thoroughly examining documents, computer systems, and digital records at all locations.
Officials hint at the possibility of recovering large amounts of cash and important evidence that could lead to further action. They also revealed that these groups had been under the department’s watch for months, especially due to allegations of benami deals, black money, and complex financial layering to hide wealth.
The Income Tax Department has not officially released a statement yet. We expect more details on seizures and findings once the searches wrap up.
Meanwhile, business communities in Jaipur and Kota are anxious, especially those linked to the targeted groups, as this crackdown sends a strong message against tax evasion and illegal financial activities.
