Dolo-650 maker’s premises searched over ‘tax evasion’

Thursday, 7 July 2022Newsdesk

The Income Tax Department on Wednesday conducted searches at the premises of Bengaluru-based pharmaceutical company Micro Labs Ltd, the manufacturer of Dolo-650 tablet for alleged tax evasion.

New Delhi, 07 July 2022

As per news report of The Indian Express, the medicine, prescribed for reducing fever and pain, was widely used during Covid-19 pandemic. The tax department is looking at financial records and statements of the company as part of the searches, officials said. Further details were not disclosed by the department. Micro Labs did not immediately respond to queries sent by The Indian Express.

Source -The Indian Express