Photography firm in TN comes under IT radar

Coimbatore: Following a tip-off that huge sum of unaccounted cash was stored at a photography firm in the city, the Income Tax officials and Election flying squad carried out raids there.

According to media reports, the searches were concluded around 5 pm. The firm owner claimed that the information was given by two sacked employees and that it was false and nothing was found or taken away by the officials. However, I-T authorities have not given any official statement on the outcome yet.

NT Bureau