Malla Reddy’s auditor, 13 staffers grilled by I-T officials in Telangana

The officials asked the accountants and principals on how the colleges collect fees, whether it is in cash or online or in the form of cheques and whether the authorities issue any receipts.

Published: 30th November 2022 07:36 AM  |   Last Updated: 30th November 2022 07:36 AM   |  A+A-

tax, graphic, income tax

Image used for representational purpose only.

By Express News Service

HYDERABAD: Income-Tax department officials on Tuesday grilled 14 employees of Malla Reddy educational institutions regarding transactions by the group’s engineering and medical colleges to detect possible tax evasion.

The 14 employees, including Labour Minister Ch Malla Reddy’s auditor Seetharamaiah, appeared before the tax officials at the Aayakar Bhavan in Basheerbagh.

Principals of Malla Reddy educational institutions VA Narayana, BV Ashok, Dr Vaka Murali Mohan, Dr KS Rao, employees J Ravikanth, and Rajeswar Reddy and two accountants were among those who appeared before the I-T officials at Aayakar Bhavan. 

The I-T officials questioned Seetharamaiah on tax returns submitted by the group as well as the minister’s personal transactions. The officials questioned him for almost five hours on Malla Reddy’s role in the financial transactions.

According to sources, the I-T officials focused on the allotment of seats in engineering and medical colleges. They enquired about how the payments were made and to which bank accounts the money was credited.

The officials asked the accountants and principals how the colleges collect fees, whether it is in cash or online or in the form of cheques and whether the authorities issue any receipts. The I-T officials also enquired about whether the accounts were maintained in digital logs or in manual books. If the accounts are maintained manually, they should be submitted to the officials, the employees were told. 

The I-T officials are likely to question the directors of the group’s colleges, Marri Rajasekhar Reddy and Bhadra Reddy on Wednesday. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp