Hyderabad: Sleuth from the Income Tax Department on Tuesday morning conducted a search for Congress YSR MP Rajya Sabha Alla Ayodha Rami Reddy’s in Hyderabad.
The search is being carried out in 15 places, especially located in CEO Enclave Gachibowli in the city.
Resources in the Income Tax Department said that the raid was being carried out to check whether the loss shown by the group of Ramky companies was original or not.
“We verify the losses of losses shown by the Ramky Group company related to the Ayodhya Rami REDDY family.
There are hundreds of transactions between group companies,” said the source in the income tax department.
Ramky infrastructure, Ramky Enviroengineers are two superior companies from the group.
Ayodhya Rami Reddy is not the director of one of these companies today.
I-T Raids Alla Ayodhya Rami Reddy Properties in Hyd
