Summary:
more-inIncome Tax Department officials on Thursday conducted simultaneous search and seizure operations at 25 premises belonging to the owner of the leading coffee chain from Bengaluru, Cafe Coffee Day (CCD), sources said. The operations took place at the CCD head office in UB City, Vittal Mallya Road, Bengaluru. Officials from Hassan and Mysuru are said to have been involved in the search operations. Hassan/Chikkamagaluru Correspondent adds:The CCD group runs The Serai Resorts in Chikkamgaluru and has the global office of Cafe Coffee Day in Chikkamgaluru, besides a curing centre in Hassan. Search operations were on at multiple locations in Bengaluru, Hassan, Chikkamagaluru, Chennai and Mumbai, and had covered all other businesses in which Mr.
Siddharth had interests, including hospitality, coffee plantation, and consultancy, the sources said..