Economic Fraud
Income Tax Raids at 16 Locations of MI Group Builder Qadir Ali
Income tax raids took place on Wednesday at multiple locations associated with MI Group in Lucknow. The authorities are investigating 16 sites linked to Qadir Ali, the builder behind MI Group. The company is involved in several real estate projects across Lucknow. According to reports, the raids are being conducted at his residence in Gomti Nagar, the MI Rashel Court office, and other premises. Sources suggest that the investigation focuses on allegations of tax evasion and financial irregularities, with further inquiries underway.
It is noteworthy that MI Builder, is a well-known name in Uttar Pradesh. MI Builder has been involved in several real estate projects across the state. Qadir Ali is a prominent figure in Uttar Pradesh’s real estate sector. Income tax officials are currently present at his residence in Gomti Nagar, the MI Rashel Court office, and other locations. MI Builder’s projects are ongoing in multiple areas, including Lucknow.
Income Tax Department is investigating potential tax evasion and projects being run in violation of regulations. Builder Qadir Ali’s family members, along with office staff, are being questioned. According to sources, bank account details related to the MI Group are also being scrutinized as part of the investigation.