Income Tax dept raids premises of Torque Pharmaceuticals director, JW Marriot owner in Chandigarh

Tribune News Service

Chandigarh, December 8

The Income Tax Department on Wednesday raided the residential and office premises of the Directors of Torque Pharmaceuticals Pvt Ltd, JW Marriot Hotel and their related entities. 

The residences of Paramjit Singh Chhatwal, Amar Iqbal Singh Bedi, the Directors of Torque Pharmaceuticals Pvt Ltd, and Harpal Singh, owner of JW Marriot Hotel, Chandigarh, have also been covered in the raid. 

As per sources, the raid has been carried out in 22 various premises located in Chandigarh, Punjab and Mumbai. The raid started at around 7.30 am and the proceedings went on late into the night.

Sources revealed that the officers have taken custody of important documents, including property papers and electronic devices, which are found from various premises. 

The documents and electronic devices are being examined by the tax officers to check the unaccounted income generated by these entities. 

Sources also revealed that during the raid, various documents related to Benami properties and foreign investments are found which are being examined.

The search has been conducted under the guidance of Anand Jha, Pr. Director of Income Tax (Inv.) and is led by Ankur Alya, Addl. Director of Income Tax (Inv.) and Jyotinder Kaur Bajwa, Dy. Director of Income Tax(Inv.).

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