Hyderabad: IT raids in Hyderabad continued for a second day on Wednesday, with Income Tax officials expanding searches on the owners of several major hotel chains in the city. Teams inspected the residences of the owners of Pista House, Mehfil, and Shah Ghouse hotels. Officers said the operation began early Tuesday and exposed irregularities in the filing of income tax returns.
Sources said officials continued searches at the Rajendranagar homes of Pista House owner Mohammed Majeed and Mohammed Abdul Mohsi. Initial checks pointed to gaps between reported income and actual business volume. Moreover, teams seized key documents, computer hard disks, and staff statements believed to contain crucial financial information.
Hyderabad IT raids uncover discrepancies in tax declarations
Officers said the inspections focused on suspected mismatches in tax payments. They noted that the hotel groups handle large-scale business every year. As part of the investigation, officials examined transaction records, digital storage devices, and supporting documents maintained across the establishments. Through this process, they attempted to determine whether declared figures matched business activity.
Investigators also pointed out that the hotel brands operate branches not only in Hyderabad but across several Indian cities. Additionally, they run outlets in international locations, expanding the scope of business under scrutiny. Because of this wider network, officials reviewed data from multiple operational points to track revenue flow and identify inconsistencies.
Key material seized during Hyderabad IT raids
The teams seized documents related to daily sales, internal accounts, and staff statements. Furthermore, they collected digital evidence that will undergo detailed analysis. Officials said findings from this review will shape the next stage of the investigation.
The Income Tax Department has yet to issue an official statement. However, officers confirmed that the searches will continue until all relevant records are checked. Further action will depend on the discrepancies uncovered during scrutiny.