Income Tax Department Conducts Major Raid on Greenlam Laminates Factory in Rajasthan

Significant Income Tax Action in Behror

This morning, the Income Tax Department executed a substantial raid at the Greenlam Laminates manufacturing facility located in Behror, Alwar district, Rajasthan. Greenlam is recognized as one of the leading manufacturers of plywood and laminates in the country.

According to sources, a joint team from Delhi and Jaipur arrived at the company's premises in the RIICO Phase-2 Industrial Area around 6:30 AM to initiate the operation. The team arrived in a convoy of eight vehicles and promptly sealed off the factory's entry and exit points. During the investigation, several mobile phones and critical documents were confiscated.

The primary focus of this operation is to investigate allegations of tax evasion, suspicious financial transactions, fraudulent sales records, and potential undisclosed assets. The inquiry is ongoing, with officials interrogating the company's accountants and financial heads.

This raid has caused a stir in the local industrial sector. Greenlam Industries Limited is a major producer of plywood, laminates, and related products, with manufacturing plants not only in Rajasthan but also in other states.

Further updates will be provided as more information becomes available. The results of the investigation may reveal the extent of tax evasion and other disclosures.