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Chennai's four popular restaurant chains, including Saravana Bhavan raided

  •   Thu, Jan 03 2019 05:33:50 PM

Daijiworld Media Network

Chennai, Jan 3: The Income Tax Department raided Chennai’s popular restaurant chains Saravana Bhavan, Hot Breads, the Anjappar group and Grand Sweets over alleged tax evasion.

The raid held on Thursday morning at 32 locations, had the residences and offices of the directors of the restaurants searched.

According to IT sleuths, there were allegations that the restaurant groups suppressed income and hence search operations were conducted to obtain evidence.

Saravana Bhavan, established by P Rajagopal in 1981 has outlets in 20 countries including the US, the UK, France and Australia.

Anjappar, established in 1964 is famous for Chettinad-style preparations at 70 outlets.

Grand Sweets and Snacks started by G Natarajan in 1982 and Hot Breads was started by M Mahadevan are also big names in the food industry.

Reports suggest that the raids will continue till Friday evening. The restaurant chains are yet to respond to the tax raids. However, daily operations at the four restaurant chains continued smoothly.
  

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Comment on this article

  • J N Lobo, Mumbai

    Thu, Jan 03 2019

    I am sure these restaurant chains failed to give donations for elections to ruling party at the state and centre.

    DisAgree Agree [1] Reply Report Abuse

  • El En Tea, Mumbai

    Thu, Jan 03 2019

    Sharvana Bhavan famous in gulf countries

    DisAgree Agree Reply Report Abuse

  • Kusuma Kumari Gunji, Nellore

    Thu, Jan 03 2019

    Everyone knows that except salaried class no one pays honest tax in India. However, after demonetisation there are better tax returns.Lets hope for a transparent tax sysstem in India so that everyone who earns pay tax, Paying tax can only help our nations wealth. We need development in our nations and people paying honest tax woudl help this issue a lot. KKG

    DisAgree [5] Agree [4] Reply Report Abuse

  • Swamy, Mangalore

    Thu, Jan 03 2019

    Do you know the total amount of black money collected so far??? You are convinced that no BJP members had black/unaccounted money with them because when whole nation stood in bank queue to convert their money no BJP members stood in the queue. Then if there is no question about black money then what is the purpose of Demonetisation???????....Just to snoop in on opposition wealth??????......

    DisAgree [2] Agree [6] Reply Report Abuse

  • John R Lobo, Kaikamba

    Thu, Jan 03 2019

    Give Pure Ghee Roast Masala Dosa and Athisara Plus Strong Filter Coffee to IT Officials...

    DisAgree [1] Agree [9] Reply Report Abuse


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Title: Chennai's four popular restaurant chains, including Saravana Bhavan raided



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