Income Tax Raids on Bhutani and Logix Group Premises Over Financial Irregularities

Income tax department officials conducted raids on more than 10 premises of Bhutani and Logix group builders in Noida, Delhi, and Ghaziabad. Around 36 teams of the Income Tax department carried out the raids at various locations, including the corporate office of the Logix group in Noida Sector 16. The searches were reportedly related to a case involving financial irregularities and tax evasion.

Local police assisted the income tax teams in conducting the raids. The premises were thoroughly checked, and individuals entering the buildings were scrutinized by the officials. The raids are part of the government’s efforts to crack down on financial wrongdoing and tax evasion.