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Income tax raids on Jyotsna Suri, MD of group that owns LaLit Hotel chain

The Income Tax department conducted raids on the premises of Jyotsna Suri, MD of Bharat Hotels, in a tax evasion case on Monday. The group owns The LaLit luxury hotel chain. An I-T official said that eight premises were searched, the premises of Suri’s close associate Jayant Nanda told sources. The raids started on Sunday […]

Income tax raids on Jyotsna Suri, MD of group that owns LaLit Hotel chain
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The Income Tax department conducted raids on the premises of Jyotsna Suri, MD of Bharat Hotels, in a tax evasion case on Monday. The group owns The LaLit luxury hotel chain.

An I-T official said that eight premises were searched, the premises of Suri’s close associate Jayant Nanda told sources. The raids started on Sunday night.

It was re-branded as ‘The LaLiT’ on November 19, 2008. The chain has 12 luxury hotels and resorts; the company has also launched The LaLit Traveller brand which has two mid-market segment hotels under it.

Suri took over as the MD of Bharat Hotels after the death of her husband, and founder-chariamn of the group LaLit Suri in 2006. She is also the former president of Federation of Indian Chambers of Commerce and Industries (FICCI).

More details are awaited.

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