Income Tax sleuths carried out sudden raids on Hetero Drugs offices and the residences of its directors since Tuesday morning. As per reports, the officials are conducting searches in three areas, including the offices in Hyderabad. However, it was learned that the official note over the documents seized will be released by the evening.
Reportedly, a total of 20 teams of IT officials are conducting extensive searches in Hetero CEOs’ offices. It can be noted that Hetero recently launched another drug for the hospitalized COVID patients which also got the approval of the Drug Controller General of India (DCGI) for emergency use.