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I-T teams raid mining company offices in Odisha over multi-crore tax evasion charges

PUBLISHED: LAST UPDATE:

Income Tax officials raided SN Mohanty Group locations in Odisha, probing tax evasion. Key sites in Bhubaneswar, Keonjhar targeted. Multi-crore scam suspected.

I-T teams raid mining company offices in Odisha over multi-crore tax evasion charges

Income Tax Department officials on Tuesday conducted simultaneous raids on multiple places associated with mining company SN Mohanty Group on tax evasion charges.

According to sources, the raids are underway at places including in Joda and Barbil areas in Keonjhar and Bhubaneswar

Besides, raids are on the company's offices located in Barbil, MD  Prabodh Mohanty's house at New Forest Park Colony and corporate headquarters at Forest Park in Bhubaneswar, sources informed, adding that the raid is also underway at the bauxite mine of the group.

As many as six teams of the IT department are carrying out the raids and reportedly laid its hands on some key documents and cash during the search.

Also Read: IT raids again on Boudh distillery, important documents seized

The company also owns an associate office in Kolkata and IT raids also under underway in the neighbouring state, sources added.

Though the exact amount of tax irregularities is not known immediately, it is believed that it is a multi-crore tax evasion scam. 
The IT department is reportedly questioning the company's MD and other senior officials in connection with the case.

Read More: IT raids continue in Odisha, over Rs 200 cr cash seized from premises linked to Jharkhand Congress MP   

As of now, there has been no official comment from the mining group over the IT department raid.

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