Punjab

I-T department on Trident-IOL company continues for second day, seize property papers

Ludhiana News: The Income Tax Department continued its raids on Trident Group and IOL Chemical Company for the second day. According to officials, this raid may continue continue for coming days. At present, the team has seized the papers of many properties. The details of many lockers are being taken by the team from the family. The mobile phones of the family members are also with the authorities.
      In Punjab, these raids have taken place in Ludhiana and Barnala. At present, no one is allowed to meet Trident Group owner Rajinder Gupta. The phones of the employees have also been kept aside. According to sources, the Income Tax has raided to show losses in the balance sheet.