Income Tax dept launches searches at TN real estate firm G Square

Chennai, Apr 24 (PTI) The Income Tax department on Monday launched searches at the premises of well-known Tamil Nadu-based real estate firm, G Square, official sources said.

Searches were being held in different locations in the state including Chennai, Coimbatore and Tiruchirappalli, sources added.

https://www.upsc.gov.in/FR-CSM-22-engl-230523.pdf

Amid reports that a DMK MLA from the city was also being raided by the tax officials, his supporters staged a protest against the agency’s action.

Some persons, including BJP state unit chief K Annamalai, have alleged the company has links to the ruling DMK’s ‘first family’, which it has categorically denied.

https://www.upsc.gov.in/FR-CSM-22-engl-230523.pdf

Searches were being reportedly held in Karnataka and Telangana offices of the real estate firm also.

There was no immediate response from G Square to the tax raids being held at its premises.