Income Tax searches on residences of Tangedco contractors, suppliers

Searches were conducted at Thoraipakkam, Ennore, Ponneri, and various other locations. The premises of a close aide of Tamil Nadu Minister Senthil Balaji were also searched.
IT department officials raided the premises of Interlace India Pvt Ltd in Jafferkhanpet, Chennai on Wednesday, Sept 20, 2023. (Photo | P Jawahar, EPS)
IT department officials raided the premises of Interlace India Pvt Ltd in Jafferkhanpet, Chennai on Wednesday, Sept 20, 2023. (Photo | P Jawahar, EPS)

CHENNAI: Income Tax officials conducted searches at the house of Tangedco’s financial controller V Kasi and 40 other locations linked to contractors and suppliers of Tamil Nadu Electricity Board (TNEB) as well as private firms across the state.

Sources told TNIE the searches were related to evasion of tax and had nothing to do with politics. Kasi is considered to be a close aide of jailed minister Senthil Balaji. Another major company under the scanner of Income tax is a private company undertaking projects in thermal power plants and ports with an annual turnover of more than Rs 800 crore. 

Searches were conducted at Thoraipakkam, Ennore, Ponneri and various other locations. Sources said the raids are being conducted following information regarding malpractices in the books of accounts and in certain contracts of Tangedco. 

Arappor Iyakkam, an NGO, has filed a complaint against Kasi with the Directorate of Vigilance and Anti Corruption (DVAC) seeking an FIR over corruption in the purchase of transformers, said Jayaram Venkatesan, convenor of the NGO.

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