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HYDERABAD: With the third consecutive working day, Earnings Tax (I-T) officers performed lookups in the residences of Vamsiram Builders and Builders Taking care of Director B Subba Reddy and his relatives on Thursday. Sources explained that officers seized about 220 kg of gold and a great deal of cash in the lockers during the 8 places distribute across the metropolis. The teams also reportedly recovered quite a few land documents with the home of Janardhan Reddy, son-in-legislation of Subba Reddy. Sources mentioned 22 account textbooks, which supposedly consist of the small print of hidden cash and transactions related to design projects, were also seized. The sleuths also located specifics of transactions in motels and corporations, which had been started off in the final 4 many years, sources mentioned, introducing that officials seized agreement documents, which contained particulars of sleeping companions who invested funds inside the Vamsiram Group, but weren’t talked about inside the audit report. I-T officers also attempted to recover the mails and messages alleged to be associated with suspicious transactions, resources mentioned.
I-T officials also tried to recover the mails and messages alleged for being connected to suspicious transactions, sources reported.
Hyderabad: I-T seizes 220 kg of gold, cash in raids at Vamsiram builders’ homes Hyderabad: I-T seizes 220 kg of gold, cash in raids at Vamsiram builders’ properties
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