IT raids metal roller company's premises in Indore division

Income Tax Department officials raided premises of a metal and roller company in Devas, Indore and Pithampura, detecting tax evasion of Rs 10 crore.

INDORE: Sleuths of Income Tax Department raided seven premises of a metal and roller company in Devas, Indore and Pithampura, detecting tax evasion of Rs 10 crore, official sources said today.

IT teams began the survey at DT Industries yesterday and found huge cash and assets disproportionate to known source of income, the sources said.

The owner paid dues of Rs 10 crore to the IT department, the sources added.
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