Income Tax Raid: Shriram Salt, Kiran Roadlines & 22+ Locations in Kutch Searched for Benami Transactions
The Income Tax Department has initiated a search operation in Kutch, targeting prominent industrialists Babubhai Humbal and Dinesh Gupta in Gandhidham. Currently, the investigation is underway at Shriram Salt and Kiran Roadlines. Over 20 teams accompanied by senior officials are conducting operations at more than 25 to 26 locations. Dinesh Gupta is under scrutiny, and Mahesh Gupta and Suresh Gupta are also being investigated. The search by the Income Tax Department aims to uncover potential instances of large-scale benami transactions.
Income Tax Department Launches Search Operation in Kutch
In Kutch, the Income Tax Department has initiated a search operation targeting prominent industrialists Babubhai Humbal and Dinesh Gupta in Gandhidham. Several other confectionery traders in Kutch may also come under scrutiny. The IT raids have sent shockwaves through the confectionery businesses, potentially revealing turnovers worth crores. With the accompaniment of senior officials, over 20 teams have descended upon Gandhidham from early morning to conduct the search operation.
