The coordinated operation involved multiple IT teams and over 100 CRPF personnel deployed to ensure security during the 14-hour inspections. Officials visited key steel plants and associated properties, including Devi Spunj, Om Spunj, and Hindustan Quail in Siltara, Raipur. The establishments are reportedly managed by Vikas Agrawal, Vipin Agrawal, and Arvind Agrawal, who are also involved in real estate. The department also raided the offices of the businesses’ chartered accountants.
Raids extended to Raigarh, where the IT team searched the premises of local steel trader Prateek Goyal, as well as residences of other businesspersons, including Vinod Singla of Anandam City and Ravi Bajaj of MS Pipe Manufacturing Factory, to collect documents related to land transactions, financial dealings, and computer records.
“The raids were carried out based on complaints of tax evasion and discrepancies in income tax returns filed over the past three to five years,” an IT official stated. Authorities suspect some transactions were conducted through hawala channels to avoid regulatory scrutiny.
Business owners are now being summoned to the IT office to provide statements, and the department will undertake a detailed analysis of the seized documents in the coming days. Sources indicate many traders are actively updating their accounts and records following the raids.
This large-scale operation underscores the IT Department’s intensified efforts to curb tax evasion in Chhattisgarh, particularly in sectors with significant cash flows and potential under-reporting of revenues. Officials have emphasized that all evidence collected will be meticulously examined before initiating further legal action.
The investigation remains ongoing, and authorities have not disclosed the total value of transactions under scrutiny or potential penalties that may be imposed.
