HYDERABAD: Income-tax sleuths on Wednesday conducted searches on TRS MLA Madhavaram Krishna Rao’s son
Madhavaram Sivaiahgari Sandeep Rao, who was appointed a director in Venkata Praneeth Developers Private Ltd recently.
The sleuths also conducted searches on the office premises of the real estate firm in
Nizampet in Kukatpally and Mallampet in Quthbullapur.
Praneeth Developers has constructed several villas and apartments in Ameenpur, Beeramguda, Miyapur, Nizampet and Kukatpally.
Sources said the searches were on to find out tax evasion in real estate deals.
Another director Kamaraju Narendra Kumar also came under I-T radar.