I-T raids on 37 premises linked to business group in Jaipur, Kota
The searches were carried out at 33 places in Jaipur and 4 places in Kota belonging to Alok Kotawala and his close friends.
JAIPUR: The Income Tax department carried out searches at commercial and residential premises belonging to a group involved in a wide range of businesses including jewellery, real estate, hotels, hospitals and construction in Jaipur and Kota.
The searches were carried out at 33 places in Jaipur and 4 places in Kota belonging to Alok Kotawala and his close friends. The IT department teams started the search simultaneously at around 6.30 am. The team consisted of more than 200 policemen and officials and staff members of the department.
The premises that were searched include hotelier Alok Kotawala’s Royal India Jewellery Manufacturing Company Pvt Ltd at Malviya Nagar in Jaipur, hotels being built in Malviya Nagar, his partner’s Hotel Ashish in Hathori and showroom Unique Arts on MI Road and another establishment near Ramniwas Bagh.
The investigation is being conducted at several locations including Kotawala Market, Tripolia Bazar, the offices of Central Orchids Pvt Ltd, residences, offices and showrooms. The places where the search was conducted in Kota include Devashish City and Akash Cinema Hall.
Sources said that the Income Tax department has seized documents and books from these premises and is scrutinizing them to detect unaccounted wealth and tax evasion.
Earlier, on June 1, 2022, the department had seized cash worth Rs 3 crore by raiding 30 locations of hotel and real estate businessmen in Jaipur.