Nagpur, Oct. 7 -- The Income Tax Department today conducted raids at the premises of Confidence Petroleum India Ltd and its associate firm Confidence Futuristic in Nagpur reportedly owned by industrialist Nitin Khara, officials said.
According to sources, IT officials carried out searches early in the morning and continued through the day at the company's Go Gas warehouse, where a large stock of LPG cylinders was found. Preliminary findings suggest that the company was allegedly operating without a valid stock license, violating regulatory norms.
Published by HT Digital Content Services with permission from United News of India....