(Image source from: Newindianexpress.com)
IT Raids On Revanth Reddy Is A Huge Flop:- Fire brand leader and young politician Revanth Reddy is active in Telangana Congress and he has been frequently taking on TRS and Telangana Chief Minister KCR. He may not be much surprised with the Income Tax raids on his residence but the state was left in deep shock. There have been several speculations that the Income Tax official seized several crucial documents from Revanth Reddy's residence. Some of the leading news channels even telecasted news that crores of money has been diverted through the foreign accounts owned by Revanth Reddy. However the Income Tax officials remained tightlipped about the raid.
The inside news is that not a single rupee has been found in Revanth Reddy's residence. Revanth Reddy presented all the documents for the gold and the other cash from his residence. Revanth Reddy clarified that he holds no foreign accounts and asked them to investigate about the accounts. Income Tax officials came to a conclusion that they cannot file any cases with the evidences collected from his residence. The raids continued for 43 hours in 14 locations and Revanth Reddy even held a press meet explaining about the happenings. The Income Tax raids on Revanth Reddy is a huge flop finally.