India: Income Tax Department conducted raids at several offices of Dainik Bhaskar Media Group including Promoters’ residences and offices, sources said on Thursday. The searches were held in connection with a tax evasion case at many offices of the media group across the country. “Income Tax Department is conducting searches on Dainik Bhaskar Group. Searches are going on in connection with tax evasion case, at multiple locations including Promoters’ residences & offices,” news agency ANI quoted sources as saying.
The phones of all the employees currently at Bhaskar’s office– where the raids are being held– were confiscated, the report stated.
While there was no official word from the department or its policy-making body, the Central Board of Direct Taxes (CBDT), official sources said the action also involves the promoters of the major Hindi media group with operations across multiple states.