IT Raids at Rainbow vistas in Kukatpally
IT Raids | Hyderabad, Sep 24: Income Tax officials have executed a search warrant at the house of Bolla Ramakrishna of Rainbow Vistas Complex in Kukatpally.
A businessman with a financial firm, a hospital, and a media unit was reportedly renting a property in Block ‘I’ of the residential complex.
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Currently, IT teams are creating documents and financial records found on campus. The raid is believed to be part of a wider probe into alleged tax evasion and irregularities in the business of Bollaram Krishna.
More details are awaited..
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