Three public representatives of the Bharat Rashtra Samiti (BRS) came under the scanner of the Income Tax department as the residences and offices of Medak Member of Parliament Kotha Prabhakar Reddy; Bhongir MLA Pailla Shekhar Reddy and Nagarkurnool MLA Marri Janardhan Reddy were searched by several teams since Wednesday morning.
In an early morning swoop, about 70 teams of the I-T department along with central security forces landed at the residences and offices of the three prominent BRS leaders to search for alleged tax evasion and illegal cash transactions in their businesses. The raids were also conducted in Bengaluru and other places in Telangana apart from Hyderabad, sources said.
Mr. Prabhakar Reddy is into the transport business and also has interests in real estate, while Mr. Shekhar Reddy is a well-known builder in the city with several projects in Bengaluru as well. Mr. Marri Janardhan Reddy owns prominent apparel showrooms spread across Telangana apart from interests in real estate. The officials verified the details of their income sources, tax payments and documents of the real estate properties.
