I-T raids at Jaya TV office over suspected tax evasion

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On Thursday, the officials said that Income Tax Officials started nationwide searches at 187 residential and business properties of jailed AIADMK leader VK Sasikala and her family members over suspected tax evasion and money laundering. The raids included the ruling AIADMK’s mouthpiece Jaya TV, Jazz Cinemas, and Namadhu MGR. The raids took place at around 6 am and are ongoing in various cities including Hyderabad, Puducherry, Bengaluru, and Delhi besides Chennai and other towns in Tamil Nadu.

The IT officials said that a total of 80 places were being raided. The IT officials said to the Times of India that the raids were being done based on the information of concealment of income and evasion of tax. A senior I-T official said, “We have confirmed information about concealment of income and tax evasion. We have been monitoring the activities of the TV channel as well as its senior officials and others.” As per the sources, the investigators seized the mobile phones of the employees present at Namadhu MGR and Jaya TV when the raids started at around 6 am. The sources further added that residence of AIADMK’s Karnataka leaders is also being raided.

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