IT has been conducting searches in several locations around the state for several days. Ahmedabad’s IT department has searched 25 locations since this morning. Meanwhile, investigations have begun in 15 locations outside of Gujarat.
IT officials raided two reputable enterprises in Ahmedabad, Ratnamani Metals and Antral, earlier this morning. At the same time, 25 locations in Ahmedabad, including these two enterprises, were raided.
Sandeep Engineer, the chairman of ASTRAL Pipes, has been examined, as has Prakash Sanghvi, the chairman of Ratnamani. There are additional checks on the other directors of the two companies.
The investigation has enlisted the help of more than 150 Income Tax officials. There have also been raids on big heads involved with both companies. IT officials at this enormous office on Sindhubhavan Road in the city began an investigation late last night to obtain information on anonymous properties.
On November 18, IT officials searched a chemical and real estate firm and discovered over Rs 100 crore in unaccounted transactions. A huge number of anonymous transactions can still be found today.