
NOB- Hyderabad news: The Income Tax Department has launched a massive raid in Hyderabad city. IT officials are conducting extensive searches in 15 areas, including the houses of chairmen and directors of prominent hoteliers. Leading hotel chains operating in the city with a turnover of crores of rupees, including Pista House and Shah Ghouse, and some other large business establishments have come under the purview of these searches. It is reported that the authorities are examining the documents related to the accounts of these establishments, which do business worth hundreds of crores every year. Meanwhile, raids are also underway on the houses of the brothers of the owners of Shah Ghouse. These are said to be under the jurisdiction of Rain Bazaar police station in Yakhutpura area. More details on the IT raids will be released soon.