I-T search on three FIITJEE centres

BHOPAL: The Income Tax (I-T) department on Monday raided three premises of FIITJEE -- Forum for Indian Institute of Technology Joint Entrance Examination - and seized several incriminating documents pertaining to tax evasion, said sources.

FIITJEE - has 52 coaching centres across the country and two overseas, in Doha and Bahrain.

This action was part of pan-India search on the coaching institute.

In Bhopal, the raids were conducted at its MP Nagar, Zone II and Platinum Plaza, Mata Mandir- centres besides a school - Mayur - at Ratibad area. Mayur School is run by Sandipani Charitable Trust.

Reportedly, Fitjee had a tie-up with the Mayur school to start its first -global school in Bhopal. The coaching institute is likely to start four global schools, first at Bhopal and the remaining ones at Kolkata, Bangalore and Rourkela, said sources adding that the average cost of setting up the infrastructure for the Global School would be close to Rs 150 crore.

The institute authorities had been roping in equity partners for investing for setting up the Global School, said sources. 

Source:TOI