Coimbatore : On the basis of a complaint received about unaccounted cash, income tax authorities initiated a raid yesterday at Zero Gravity, a photography company in the city. But, due to the absence of its owner, the search was put on hold.
Coimbatore : On the basis of a complaint received about unaccounted cash, income tax authorities initiated a raid yesterday at Zero Gravity, a photography company in the city. But, due to the absence of its owner, the search was put on hold.
Zero Gravity has its headquarters in Bangalore and is mainly involved in covering wedding and cultural events. It also has several branches across Tamil Nadu, with Coimbatore functioning as the main branch.
On the basis of a complaint received, the income tax authorities went to Zero Gravity located near Kannan Departmental Store on Trichy Road to conduct the raid. Since the owner was not present, the employees were notified about the raid. But the staff had left the office without communicating about the raid to the owner. Hence police are still at the spot to aid the income tax officials who are awaiting the owner of Zero Gravity to continue investigation about the complaint received on unaccounted cash.