Income Tax Sleuths Seizes Hetero Drugs Worth Rs 142 cr
Hyderabad, Oct.9 (Maxim News): The sleuths of Income tax department have seized ₹142 crore cash belonging to Hetero Drugs Pharma Company.
The IT has been conducting raids on the offices of the company since the last four days. The raids have been conducted at 50 different places from six states of the country.
The company has exported massive quantity of medicines to various foreign countries like America , European countries, Dubai and African countries.
The officials of the department have seized hard discs , pen drives and other electronic devises . They have found that the company had destroyed some evidences . They also found that the management of the company had prepared fake invoices .
The department has also found that the management of the company had acquired huge number of lands by using the money its money.
The officials found a total of 16 bank lockers and seized ₹142 crore cash. They are yet to finish their inquiry related to another ₹550 crore. (Maxim News)
Next Story:
-
WATCH | Six Arrested For Vandalism At Allu Arjun’s House Granted Bail
![WATCH | Six Arrested For Vandalism At Allu Arjun’s House Granted Bail]()
Hyderabad, Dec 23 (Maxim News): The court has granted bail to six individuals accused of the attack on actor Allu Arjun’s residence. The incident, which took place earlier this week, involved protestors from the Osmania University Joint Action Committee (OU JAC) who allegedly hurled stones at the actor’s house, causing property damage. The judge, after receiving the case,…
-
Born In A Remote Area, PV Is A Great Leader Who Rose To The Level Of PM: Kishan
![Born In A Remote Area, PV Is A Great Leader Who Rose To The Level Of PM: Kishan]()
Hyderabad, Dec 23 (Maxim News): Union Minister for Coal and Mines, G.Kishan Reddy has praised Bharat Ratna and former Prime Minister PV Narasimha Rao for his outstanding services to the country.
-
ED Notices Likely To KTR Today
![ED Notices Likely To KTR Today]()
Hyderabad, Dec 23 (Maxim News): The Enforcement Directorate (ED) is expected to issue notices today to K.Tarak Rama Rao (KTR), Working President of the BRS in connection with a case related to the Formula-E car racing event.
-
CV Anand Apologizes For Remarks Against National Media
![CV Anand Apologizes For Remarks Against National Media]()
Hyderabad, Dec 23 (Maxim News): Hyderabad Police Commissioner C.V. Anand has apologized. He posted a statement withdrawing his comments to the national media. He said that he lost patience when the national media asked questions about the Sandhya Theater incident.
-
Trade License Fee Should Be Collected By December 31: Commissioner Ilambarthi
![Trade License Fee Should Be Collected By December 31: Commissioner Ilambarthi]()
Hyderabad, Dec 23 (Maxim News): According to the property tax database in the Greater Hyderabad area, a total of 3,17,033 houses are in the non-residential area. However, only 1,09,702 people in the non-residential area have taken trade licenses and paid the fee as of December 19. He said that the remaining non-residential PTI numbers have not…
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
