IT dept raids against realtors in Maharashtra

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The Income Tax Department on Thursday conducted searches at multiple locations connected with some realtors in Maharashtra on charges of alleged tax evasion, official sources said.

They said the raids are being conducted in Mumbai, Satara and Goa.

It is understood that the action is being undertaken as part of an investigation taken up by the department against associates of a state politician.

Some entry operators are also being covered as part of the raids, sources said.

Further details are awaited.