Income Tax Department is conducting raids at several offices of media giant Dainik Bhaskar Group including Promoters’ residences and offices, reports said on Thursday.
The searches are being held in connection with a tax evasion case at many offices of the media giant across the country.
“Income Tax Department is conducting searches on Dainik Bhaskar Group. Searches are going on in connection with tax evasion case, at multiple locations including Promoters’ residences & offices,” sources told.
The raid is rumoured to be in a joint operation with Enforcement Directorate.
Meanwhile, the phones of all the employees currently at Bhaskar’s office– where the raids are being held– have been confiscated, the report further stated.