"Searches are being conducted at residences of Mr Ramesh in Kadapa district in Andhra Pradesh. I-T officials are also verifying records at his residence and office in Hyderabad also. It is a routine one.. No significance is attached to this," the sources in the I-T department told PTI.
Condemning the raids, the TDP said it was "pure political vendetta" as Ramesh had been vociferously fighting for the state's causes in Parliament.
"This is an attack on the Andhra people. The Modi government has been adopting a vengeful attitude as we have been demanding that all promises made for AP be fulfilled," Information Technology Minister N Lokesh charged in a tweet.
The raids were aimed at preventing flow of investments into the state by scaring away industrialists, he alleged.
The minister also asserted that there would be no going back till the demand for grant of special category status to AP was met.
Ramesh, who is in New Delhi, charged the IT raids on his premises were prompted by the opposition YSR Congress.
The MP, who is a member of the Public Accounts Committee of Parliament, also said he had declared an income of Rs 200 crore in the last four years and promptly paid tax.
"I will not be cowed down by such attacks," he added.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)