The income tax department is conducting a raid at around 30 locationsof MGM Group across Tamil Nadu in connection with a tax evasion case.
The Income Tax department began the raid at these locations associated with the MGM Group on Wednesday morning. The company is reportedly charged with suspected tax evasion and is now being audited. The residences and office buildings of executives of the MGM Group is also being searched.
Chennai-based MGM Group has businesses like logistics, distilleries, hospitality, theme park and trading.