I-T raids 18 locations linked to real estate, pan masala groups in Jaipur and Kota

In a major crackdown, the Income Tax Department on Tuesday carried out simultaneous raids at 18 locations linked to real estate and pan masala businesses in Jaipur and Kota.

Nearly 150 officers and staff were deployed in the large-scale operation, ANI reported.

Officials said the action was initiated following complaints of tax evasion, large cash transactions, undeclared income, and the use of fake documents. Sources told ANI that investigators suspect the raids could lead to the recovery of “huge amounts of cash, benami properties, and hidden assets.”

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Among those under the scanner is Jaipur-based High Fly Real Estate Group, where eight premises were being searched. The group is suspected of “large-scale cash dealings in property transactions and black money use,” according to officials.

The I-T teams also searched three locations in Kota linked to Siddheshwar Gums (Signature Pan Masala), which reportedly faces allegations of irregular financial records and tax evasion.

In addition, six properties linked to Gokul Kripa Group (BRB Developers, Jaipur) were being raided over charges of undeclared income and suspicious property dealings. The searches began in the morning and were expected to continue till late night, ANI sources said. Teams were reportedly scanning “documents, computer systems, and digital records” at all sites.

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Officials revealed that these business groups had been on the department’s radar for months, with the real estate sector flagged for “benami deals, black money transactions, and complex financial layering to conceal undeclared wealth.”

No official statement has been released yet by the Income Tax Department. Details of seizures and recoveries are likely to be disclosed once the searches conclude.

Meanwhile, the raids have triggered unease in business circles across Jaipur and Kota, particularly among those linked to the targeted companies.