Income-Tax raids at real estate firm in Erode

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Chennai: Income-Tax (I-T) raids continued for the second consecutive day at Annai Infra Developers in Erode.

According to sources, a team of I-T sleuths carried out raids at the construction company this morning. It is not known if any documents or cash were seized during the survey.

Yesterday, in a separate operation, I-T men conducted simultaneous raids at 50 places owned by health care company Kolors in three States.

Six places in Chennai were raided, and eight places in Coimbatore, Puducherry, Vellore and Trichy were searched.

The company is into fitness, beauty, weight loss and healthcare. The teams seized several documents during the raids, it is said.


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