Hyderabad: The sleuths of Income Tax carried out searches against properties owned by Hyderabad based Yashoda Healthcare services private limited that runs a chain of corporate hospitals in the twin cities. On day one of the searches, unaccounted cash and gold was seized, sources told NewsMeter.

In an early hours of 22nd December, around 20 teams reportedly serving in the anti-tax evasion wing of the Income Tax knocked the doors of Yashoda Healthcare's directors. Extensive searches were held at the corporate office located in Nagarjuna hills and a high number of senior doctors were reportedly questioned.

'Barring for few employees, access was denied at the accounts department in the corporate office. The searches began at the residences of one director who later accompanied the IT officials to the head office, an employee with Yashoda hospital said. Concurrently teams were at the Secunderabad, Malakpet and Somajiguda hospital branch. The sleuths reportedly found unaccounted cash at the Punjagutta office.

According to the company records, the directors of Yashoda Healthcare Services Private Limited are Pavan Kumar Gorukanti, Gorukanti Vijaya Lakshmi, Ravender Gorukanti Rao and Suresh Kumar Tummala who was appointed in February 2020.

An independent check revealed that the longest standing director Ravender Gorukanti Rao shares directorship in 16 other companies. They include health care and construction, for instance Yashoda pharma and drugs, springfield, Wanton builders, Bell woods, Mee Vasanthi. While Pavan Kumar Gorukati is also the director to 7 other companies.

The searches are on at the time this report was filed.

Coreena Suares

Coreena Enet Suares is the Editor of NewsMeter. Her stories have been published in the Deccan Chronicle Newspaper and the Asian Age. Coreena began her career as a News Anchor. Throughout her journey, she has been able to build a strong network with people from all walks of life. She is an alumnus of Edward R. Murrow Program for Journalists- Research and Investigation, a flagship initiative of the International Visitor Leadership Program (IVLP) Coreena is also a certified fact-checker by Google India Initiative. She has attended the 'Defence Correspondents Course 2019, through which she visited Indo- Pak border, besides traveling on a War-ship and insight into operations of Fighter aircraft. Coreena's focus areas are anti-crime investigation agencies and Defence reporting. You can follow Coreena on [email protected]

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