Day -2: I-T raids on premises linked to pharma company Gurmail Brothers continue

Raids were conducted at the firm’s properties in Pindi Street, Model Town, near Dayanand Medical College and Hospital and Christian Medical College, and Pakhowal Road, and the owners’ residences on College Road, near Fountain Chowk, and Model Town

Income-tax raids on around 30 properties linked to Gurmail Brothers, a prominent pharmaceutical firm, continued for the second day on Thursday.

Central Reserve Police Force (CRPF) men were deployed at the stores and residences that were raided, and no one was permitted to enter or exit the premises. (HT PHOTO)

Raids were conducted at the firm’s properties in Pindi Street, Model Town, near Dayanand Medical College and Hospital and Christian Medical College, and Pakhowal Road, and the owners’ residences on College Road, near Fountain Chowk, and Model Town. A hospital run by the group on Ferozepur Road and its industrial units in Himachal Pradesh are also under the scanner.

Central Reserve Police Force (CRPF) men were deployed at the stores and residences that were raided, and no one was permitted to enter or exit the premises.

On August 24, the I-T teams had raided premises linked to the firm in Ludhiana, Himachal Pradesh, and Delhi suspecting tax evasion. The raid had continued well into the night. The I-T department is yet to disclose the findings as officials are still scanning the records and documents seized.

The influential Gurmail family is believed to be close to former chief minister Parkash Singh Badal. The raids were on at the time of filing the report. Around 100 officials were involved in the raid.