Tamil Nadu: Beedi manufacturing giant Seyadu Beedi Company raided
Synopsis
The income tax department has raided 40 properties owned by the Seyadu Beedi Company A raid was conducted in the headquarters and branches situated in Nellai The inspection was held based on a complaint that the Seyadu Beedi Company has not been paying taxes properly
The income tax department has raided 40 properties owned by the Seyadu Beedi Company.
A raid was conducted in the headquarters and branches situated in Nellai and also in the two branches in Madurai. The inspection is also being carried out in Bells Road, Chennai.
The inspection was held based on a complaint that the Seyadu Beedi Company has not been paying taxes properly.
The raid begun at 7 am in the proprietor’s house and the offices in the presence of Central Security Forces on July 28.
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