Jamshedpur, Jan 13: A high-level team of Income Tax officials from Ranchi and Jamshedpur continued its raid at the Adityapur industrial area-based company Dorabjee Auto Plant in Adityapur and its office in Parsudih localities on Friday. The raid that started on Thursday continued today.
Sources informed that the IT sleuths unearth about Rs 1.25 crores in cash, an unspecified amount of jewellery, and papers related to huge tax evasion during raids started at as many as six places in and around the city on Thursday. This has forced the team to continue the raid on the second day too.
Though the IT officials remained tight-lipped throughout the day, the sources went on to inform that the raids were conducted by a joint team representing the Ranchi and Jamshedpur circle of investigation wing of IT.
The raids which were carried out on Thursday include the factory of Dorabjee Auto Plant located in Phase-B in the Adityapur industrial area, on the premises of Pahadi Engineering Company at Sundernagar, office of the companies located at Munshi Mohalla in Parsudih and the companies’ owner Mohammed Javed’s residence at Aashiyana.
According to sources, the raids that had started at 9.00 am on Thursday continued till late in the night. On Friday, the raids resumed in the morning after which the IT sleuths scrutinised the papers through which the factories management had allegedly tried to evade the Income Tax.
The sources said the IT officials had initially faced opposition in conducting the raid at the offices of the two companies, but eventually, they succeeded to go ahead with it.
Sources informed that an IT team is involved in gathering information about tax evasion. An IT official, who was part of the search team, said that they were carrying out search operations. Though he did not exactly confirm the amount of fraud.
Dorabji Auto is one of the pioneer industries in Eastern India situated in Adityapur Industrial Area. They are into manufacturing Sheet Metal Pressed and Fabricated Jobs.
The company is an approved ancillary of Tata Motors Ltd. Jamshedpur & Lucknow, Tata Tayo Limited, Marathon Electrical Motors India Ltd, Diesel Locomotive Works(DLW), and Tractors India Ltd (TIL).
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