IT raids various sites/offices of K10 group in Vadodara

Vadodara:

Income Tax sleuths today raided around 20 offices/sites and other places associated with local K10 Group founded in 1990 by locla businessman Ketan Shah.

The group was in to 3 main businesses Share Trading, Real Estate, Hospitality & BPO/KPO.

An IT official, who termed today’s raids as an extensive IT survey, said that teams of Income Tax department also visited various construction sites of the group.

‘A hotel of the group near Natubhai circle in the city, its share trade related office in the city, offices and residences of the directors and partners of the group were also surveyed. Some documents and other items have been seized,’ he said.

DeshGujarat