The Income Tax Department conducted raids at several locations linked to Bharat Hotel MD and former FICCI president Jyotsna Suri and her associates.
The I-T raid is also underway at the premises of Suri's close associate Jayant Nanda. Around a dozen, locations have been raided so far. The raids started on Sunday night.
As per sources, this is in connection with a major tax evasion case.
Bharat Hotels operates 12 luxury hotels, palaces and resorts under The LaLiT brand and two mid-market.
Jyotsna Suri has been associated with the Bharat Hotels group since 1989 and was declared the Chairperson and Managing Director (CMD) in 2006. She has also been the chairman of industry body FICCI in the past. The Bharat Hotels group owns the chain of Lalit Group of hotels in the country.