Nagpur: The Income Tax Department on Tuesday conducted large-scale raids on the Raisoni Group and its associated companies in Nagpur over allegations of tax evasion and financial irregularities. The searches began early in the morning and continued throughout the day at multiple locations.

Over 25 officials from the Mumbai Income Tax Directorate participated in the operation, which covered the group’s offices, industrial units, and directors’ residences across Nagpur and other cities. Key locations included the Shraddha House near Kasturchand Park and the Raisoni Group’s head office in Sadar.

During the search, officials reportedly seized several incriminating documents, digital data, and financial transaction records. The department is currently analyzing the seized materials to detect irregularities and assess the scale of alleged tax evasion.

The Raisoni Group, a well-known name in Maharashtra’s education, industry, and construction sectors, has a wide business network across the state. The raids have created a stir in both business and academic circles.

Though no official statement has been issued yet, Income Tax officials confirmed that the action was based on concrete intelligence and preliminary evidence of financial misconduct. The operation is expected to continue for the next two days.