Live
- Polling Stations Open Across Eastern And Central US As Voters Head To The Ballots In Historic Election
- Hyatt set to expand brand presence in Nepal with hyatt regency lumbini
- Firing on Nandan Kanan Express in Odisha, probe launched
- ITC’s Interrobang?! 2024 unleashes a staggering 550+ innovative ideas from 4600+ students across India’s premier Business schools
- Bengal school job case: Partha Chatterjee moves fresh bail plea at special CBI court
- Choose Smarter Financial Choices Over Impulsive Spending This Festive Season – Bandhan Mutual Fund
- Samsung Tops India’s Smartphone Market with 23% Value Share in Q3: Counterpoint Research
- Deloitte India opens entries for Enterprise Growth Awards 2024 to celebrate excellence in regional businesses
- Apeejay Surrendra Park Hotel Limited announces the opening of THE Lotus Palace Chettinad, a heritage hotel in Tamil Nadu
- Sharad Kelkar’s New Look Sparks Dhoni Buzz
Income-Tax sleuths held raids at Raasi's house and Kolors healthcare
With the Income Tax sleuths holding raids across the country on various institutions has conducted searches on Kolors healthcare, a wellness and beauty chain on tax evasion charges.
With the Income Tax sleuths holding raids across the country on various institutions has conducted searches on Kolors healthcare, a wellness and beauty chain on tax evasion charges. Searches were conducted at 35 locations in Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana and Andhra Pradesh, besides Raasi's home and Kolors director Devula Vijay Krishna.
As per the reports, the IT officials found that the company has not produced the accounts while the sources said Raasi, who is related to Devula Vijay Krishna has been endorsing products and advertising for the company.
Vijay Krishna is the director of many companies which include Kolors Food Sciences LLP, Kolors Healthcare Franchises Servies LLP, Kolors Beauty and wellness Academy LLP, Kolors Advanced Dentistry LLP, Kolors HealthCare LLP, Kolors HelathCare India Private Limited. Income tax department officials are verifying transactions in all companies.I-T sleuths are verifying transactions in all companies.
"The company has suppressed the number of payments received at the point of sale in the branches," an official said. The company claims to have 10 lakh customers, 49 branches and 1,500 dieticians and therapists on its website.
Earlier, Vijayawada and Vishakapatnam consumer courts had given judgements against Kolors after receiving complaints.
