Nagpur: In a major development, the Income Tax Department teams from Mumbai and Nagpur conducted raids on Tuesday at multiple premises linked to Confidence Petroleum India Ltd. and its Managing Director, Nitin Khara . The operation began early in the morning at the company’s headquarters — Confidence Tower , located in Ramdaspeth, Nagpur — and continued late into the night.

According to sources, the IT officials thoroughly examined balance sheets, ledgers, and other financial records , seizing several key documents during the search. The simultaneous raids were carried out at three locations — Confidence Tower in Ramdaspeth, an office at Satyam Apartment on Wardha Road , and the residence of a chartered accountant associated with the company in Anandam .

During the raid

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