Hyderabad, June 15 (Maxim News): Income Tax raids in the houses of Telangana BRS leaders created a political upheaval. BRS party leaders expressed their anger against the BJP at the center, Protests against IT attacks. On the other hand, IT searches have ended at the house of Medak MP Kota Prabhakar Reddy.
After the IT searches were over, the officials gave notices to MP Prabhakar Reddy and left. Officials said that they should c cooperate with the investigation when necessary. On the other hand, IT searches are going on at the residences of Pailla Shekar Reddy and Marri Janardhan Reddy.
Meanwhile, the Enforcement Directorate (ED) officials are inquiring about the transactions of the companies. Documents are being scrutinized on differences in companies income and IT officials are collecting details of bank accounts and lockers.
it may be recalled that IT officials conducted inspections at the residence and offices of BRS Bhuvanagiri MLa paila Shekhar Reddy on Wednesday, Officials conducted inspections at his residence, Bhuvanagiri, and offices in Green Hills Colony, Kothapet, Hyderabad along with 12 other places. Along with the MLA, officials also conducted searches at his uncle Mohan Reddy’s house.
As part of these raids, IT officials seized huge amounts of cash and important documents. Meanwhile, the officials found that there were financial transactions between Kotha Prabhakar Reddy, Marri Janardhan Reddy, and Pailla Shekhar Reddy. Shekhar Reddy’s wife Pailla Vanitha Reddy is the director of Mainland Digital Technology Company, and MP Kota Prabhakar Reddy’s wife is also acting as director of the same company. However, the IT officials found that there were irregularities in the payment of taxes. (Maxim News)
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