The Income Tax Department (IT) conducted raids on the head office of Chiripal Group of Industries on Bopal Road in Ahmedabad on Wednesday on suspicion of tax evasion.
The group is engaged in the business of textiles, education among others.
The raids were conducted at the head office on Bopal Road.
As per sources, Veda Prakash Chiripal, Brijmohan Chiripal, Jyoti Prakash Chiripal, Vishal Chiripal, Ronak Chiripal, and other partners were also raided.
Searches were conducted at a total of 35 to 40 places in Ahmedabad. Nandan Denim and Vishal Denim which fall under the Chirpal label were also raided.
Around 150 officers joined the raid operation. Further investigations are underway.