The Income Tax department is carrying out extensive searches on the premises linked to prominent dairy and hotel groups today in the city. The searches targeted the Gopal Dairy and Riverview Hotel groups, both owned and managed by Nishit Desai, Gaurang Desai, and their associates.
The Income Tax department suspected large-scale irregularities, particularly involving benami transactions, which prompted this operation. The searches are being carried out at the residential and office premises of the groups. Approximately 75 officers from the investigation wing swooped down on nearly 13 locations across the city.
The department has refrained from disclosing specific details regarding the seized documents or recovered assets. However, it is anticipated that significant revelations regarding benami holdings will emerge in the days ahead.