Archive · 3 Sep 2025
IT Raids on Medical Equipment Trader Yields Over ₹1 Crore
The Income Tax Department is investigating Rajesh Gupta, who runs Science House Medical Private Limited, for possible tax evasion.
Officials have raided about 30 locations in Bhopal, Indore, and Mumbai, including Gupta's home and offices, and those of his associates.
They found over ₹1 crore in cash, 30 bank lockers, and investments in foreign companies.
The investigation is ongoing.
The IT officials questioned several people connected to the business.
Science House has been in business since 1994, supplying medical equipment and running other medical services.
Income Tax Department conducted raids on Science House Medical Private Limited.
Raids occurred at approximately 30 locations in Bhopal, Indore, and Mumbai.
Over ₹1 crore in cash was seized during the raids.
The IT department found evidence of investments in foreign companies.
The investigation is related to suspected tax evasion and undeclared assets.
- Who
- Income Tax Department
- What
- Raids and investigation of medical equipment trader
- When
- Tuesday and Wednesday (ongoing)
- Where
- Bhopal, Indore, Mumbai
- Why
- Suspected tax evasion and undeclared assets
- Target
- Rajesh Gupta, Science House Medical Private Limited
- Locations
- Bhopal, Indore, Mumbai (approx. 30 locations)
- Reason
- Suspected tax evasion
- Action
- Raids, document examination, bank locker search
- Cash Seized
- Over ₹1 crore
- Assets Found
- 30 bank lockers, investments in foreign companies, gold and silver jewellery (assessment pending)
- Personnel Questioned
- Jitendra Tiwari, Rohit Gupta, Dinesh Barolia, Shikha Rajoria
- Suppliers Raided
- Jitendra Tiwari, Shailendra Tiwari, Mohan Sharma
