Gujarat Income Tax Raids 25 Locations Of Ceramic Brand Qutone  - Vibes Of India

Gujarat News, Gujarati News, Latest Gujarati News, Gujarat Breaking News, Gujarat Samachar.

Latest Gujarati News, Breaking News in Gujarati, Gujarat Samachar, ગુજરાતી સમાચાર, Gujarati News Live, Gujarati News Channel, Gujarati News Today, National Gujarati News, International Gujarati News, Sports Gujarati News, Exclusive Gujarati News, Coronavirus Gujarati News, Entertainment Gujarati News, Business Gujarati News, Technology Gujarati News, Automobile Gujarati News, Elections 2022 Gujarati News, Viral Social News in Gujarati, Indian Politics News in Gujarati, Gujarati News Headlines, World News In Gujarati, Cricket News In Gujarati

Gujarat Income Tax Raids 25 Locations Of Ceramic Brand Qutone 

| Updated: August 9, 2022 20:31

The investigation wing of the Income Tax department of Gujarat has raided over 25 locations of popular ceramic brand Qutone. The search and seizure operation– led by the Rajkot Income Tax department–began on Tuesday morning. Over 200 I-T officials were deployed at various locations of the company’s head offices and residencies in Ahmedabad, Morbi and Vadodara. 

Residential places of chairman and managing director Manoj Agarwal, Managing directors Sunil Manglunia and Rajeev Adlakha are being investigated. 

Chairman and managing director Manoj Agarwal

Qutone was founded in 2008. Its product line includes marbles, stoneware, wall tiles and others. (iMarble, DGVT, Qrock, iQ-Smart, Elegante and Wall Tiles). In June, 2022 the company launched a new range of products and gave an official statement that “With these new product launches, Qutone expects its revenue to grow from 500 crores to 750 crores.”. 

Actor Anil Kapoor inaugurated the Qutone Experience Center along with Manoj Agarwal.
Managing director Sunil Manglunia

Actor Anil Kapoor is the brand ambassador and the face of the company. He has also visited the Ahmedabad office of Qutone and inaugurated the Qutone Experience Center along with Manoj Agarwal – C.M.D. Qutone Experience Center is present in 11 locations in India now and one in Italy, the forthcoming months will see launches in Guwahati, Delhi, Kolkata, Indore in India and Spain, China and the United Kingdom.

Managing director Rajeev Adlakha

The search and seizure operation is still underway. 

Also read: https://www.vibesofindia.com/gujarat-income-tax-detects-unaccounted-transactions-of-over-rs-800-crores-from-chiripal-group/

Your email address will not be published. Required fields are marked *

%d