In Telangana, it takes four days for the Income Tax department to search for any company. Allegations are being heard that the officials are going aggressive considering the non-cooperation of the directors and employees. The same is happening in Phoenix, Vamseeram, and Kotareddy Shri Aditya Homes. The IT department, which conducted searches in 35 areas for three days, seized the key documents. These attacks are continuing with the allegations of large-scale financing of mythri movies.
IT has collected evidence that a large number of figures have not been shown in the auditing for the last 5 years. The officials inquired about the transactions with various companies. Receipts were received from construction companies in Bangalore and Hyderabad showing that a large amount of cash had been collected. It seems that the accounts of Vamseeram Builders and some other relatives have been checked. Kotareddy is related to the Subbirami Reddy family as well as Induri Shyamprasad Reddy and the GVK family. The officials inquired about the accounts of common directors in various companies. It is reported that the data of 15 companies have been collected in this program.
Inquiry on Aditya!
There are allegations against Thota Chandrasekhar that he got huge benefits from the BR’s government and became the president of Andhra Pradesh. Aditya Constructions Company took up construction on 40 acres in the Hafizpet land scam. BJP MLA Raghunandan Rao is alleging that the litigations in various areas have been cleared. In CS 14 lands, the government behaved as if they were not looking after it. It is heard that steps are being taken to hand over CS7 lands in Miyapur as well. With this, the returns filed by IT on Aditya Constructions are being examined by taking the auditing reports. At first, Kotareddy Kota was caught easily as the central focus was on Aditya’s name. It is said that after that there are chances of unexpected attacks on Aditya Thota.