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Income Tax raid underway on Lux Industries over Rs 200 crores tax evasion allegations

The Income Tax Department is conducting raids on Lux Industries over allegations of tax evasion of more than Rs 200 crore.

Edited By: Arushi Jaiswal @JaiswalArushi New Delhi Published : Sep 22, 2023 14:40 IST, Updated : Sep 22, 2023 14:40 IST
REPRESENTATIVE IMAGE
Image Source : FILE REPRESENTATIVE IMAGE

The Income Tax Department is conducting raids on Lux Industries over allegations of tax evasion of more than Rs 200 crores. The search is underway in multiple cities at premises linked to the company, including Kolkata.

As per the news agency sources, the offices and residences of top officials are covered in the raids. 

Further details are awaited...

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