Srinagar: Sleuths of Income Tax Department conducted multiple raids in parts of Srinagar city on Thursday.
Quoting sources, Kashmir News Trust reported that raids were conducted in the showrooms and houses of some businessmen.
The locations that were raided included Nowhatta, Raj Bagh, Nishat, Saraibala and other parts.
Sources added that during wee hours, Income Tax department raided the house of Imtiyaz Ahmad Kawoosa and Bilal Ahmad Kawoosa at Kawoosa Lane Nishat.
A showroom at Nowhatta and a warehouse in Raj Bagh was also raided.
Unconfirmed reports suggest that the reason behind these raids is tax evasion.
The raids were in progress till the filing of this report. KNT
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