I-T sleuths search premises of TDP leader

Posted By: Pti
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Hyderabad, Feb 4 (PTI) Income Tax Department officialstoday conducted searches in the office and residence of TDP MPNama Nageswara Rao.

Sources said IT officials raided Nageswara Rao''sconstruction firm Madhucon in his native Khammam town besidespremises at Hyderabad.

They said the searches which are on since morning, were"routine" in nature wherein the firm''s accounts would beverified every quarter to check tax evasion, if any.

Nageswara Rao represents Khammam Lok Sabha constituency.

His Madhucon executes various roads and other major projectsin Andhra Pradesh as well as other states.

Its operations also extend to some foreign countries.

The TDP leader was not present when the IT officials raidedhis premises.

Further details about the searches are awaited.

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