The Income Tax (IT) Department on Wednesday conducted a raid in the office of Balada Block-C of the Serajuddin Mines situated under the Joda Mining Circle.
A IT team examined the records of production, raising, dispatch, transporting and other documents related to financial transactions.
Sources revealed that this raid is continuing simultaneously in other places relating to the Serajuddin Mines. The raid, which started at about 9 am on the day, would continue for two to three days, the sources added.
Reportedly, the raid is part of the Union Government’s steps to check black money. The Serajuddin Mines was alleged to be involved in the multi-lakh crore mining scam in Odisha.
The six-member IT raid team was led by Assistant Director (Investigation) Manorajan Rath and IO, Bhubaneswar, Malay Behera.
IT officials also conducted raid on the Yazdani International establishments.