The Income Tax Department conducts property and construction firm searches in Erode and Coimbatore.
The searches, according to sources, were a component of an 80-location, T.N.-wide operation.
On Tuesday, January 2, 2024, at least four locations in the Coimbatore district were searched by agents of the Income Tax Department.
According to sources, the Department was conducting searches at 80 locations throughout the State as part of this operation. A few real estate and property-related companies’ offices and homes in Coimbatore, as well as the home of a pump manufacturer, were searched.
In Erode, searches were also carried out. On Tuesday, two construction companies’ four locations in Erode were searched.
The search was started by the teams at the founder’s home in Kanjikovil as well as at the CMK Projects Private Limited office on Sakthi Road and Karuppannan Street. Outsiders were prohibited from entering the property while the search got underway in the morning.
Similarly, an official team started searching the founder’s home and the PV Infra Projects office in Periyar Nagar. Both businesses are building commercial and governmental structures throughout the State.