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IT dept conducts searches on McDonald's franchise

Press Trust of India  |  New Delhi 

The Income Tax today carried out searches at premises of ltd (HRPL), the master franchisee of chain McDonald's, in and Mumbai, officials said here.

The Income Tax officials alleged that searches were carried out against the HRPL following allegations of tax evasion.

HRPL is a step down subsidiary of Westlife Development Ltd, a company listed on stock exchanges, including BSE.

It is headed by Banwari Lal Jatia as and as the Vice-of the company.

Efforts to seek comments from the company officials did not fructify as they did not reply to emails sent to them.

According to the information available on HRPL's portal, it was operating 252 restaurants as of December 31, 2016, across 34 cities and 10 states in west and south

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 22:20 IST