This story is from November 21, 2019

Hyderabad: Income-tax searches at properties of TRS MLA Madhavaram Krishna Rao’s son

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.
Hyderabad: Income-tax searches at properties of TRS MLA Madhavaram Krishna Rao’s son
Representative image
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.
author
About the Author
U Sudhakar Reddy

Sudhakar Reddy Udumula is the Editor (Investigation) at the Times of India, Hyderabad. Following the trail of migration and drought across the rustic landscape of Andhra Pradesh and Telangana, Sudhakar reported extensively on government apathy, divisive politics, systemic gender discrimination, agrarian crisis and the will to survive great odds. His curiosity for peeking behind the curtain triumphed over the criminal agenda of many scamsters in the highest political and corporate circles, making way for breaking stories such as Panama Papers Scam, Telgi Stamp Paper Scam, and many others. His versatility in reporting extended to red corridors of left-wing extremism where the lives of security forces and the locals in Maoist-affected areas were key points of investigation. His knack for detail provided crucial evidence of involvement from overseas in terrorist bombings in Hyderabad.

End of Article
FOLLOW US ON SOCIAL MEDIA