Hyderabad: Sleuths of Income tax are carrying out searches against Hyderabad based Poulomi Estate private limited represented by director Juvvada Madan Mohan Rao. In connection to this company, searches are also being conducted at C5 Infra private limited engaged in irrigation related works.
The anti-evasion tax wing with the help of regional support staff are verifying financial statements of the company. Poulomi Estate private limited is primarily into real estate activities with own or leased properties across Hyderabad, having its head-office in Greenlands in Begumpet.
Juvvadi Madan Mohan Rao is one of the director in Poulomi Estate Private limited and also holds directorship in C5 Infra which was incorporated in 2015.
Directors of C5 Infra Private Limited are Nishant Chennadi, Madan Mohan Rao Juvvadi.
This is a developing story