Srinagar, Oct 1: The Income Tax Department on Wednesday conducted a raid at Hotel Sarovar Portico located in Humhama area of central Kashmir’s Budgam district.
Official sources told news agency that sleuths of the Income Tax Department, accompanied by security personnel, carried out searches at the hotel premises during the early hours of the day.
They said the operation was aimed at scrutinising financial records and transactions linked to the establishment. “Documents, digital records and other material of relevance are being examined,” a source said.
The hotel is owned by Fahad Zaroo, a resident of Nishat Srinagar. However, there was no immediate official statement from the department regarding the nature of alleged irregularities or the outcome of the searches.
