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IT raids at Trendset Builders Pvt Ltd and Avanti Feeds Limited in Telangana and AP

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(G.N.S) Dt. 8
Hyderabad
Income Tax department raids at Trendset Builders Private Limited and Avanti Feeds Limited in Telangana and Andhra Pradesh. The searches were conducted at Trendset offices in Panjagutta, the residence of one director KL Narayana and yielded Rs 1 crore in unaccounted cash. In related operations, officials also conducted searches on properties of Avanti Feeds Limited in Visakhaptnam. Trendset Builders was incorporated in 1997 and has several residential and commercial projects in the city. The I-T department is looking into a tax evasion.

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