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They said the raids are being carried out in state capital Chennai and two places in Coimbatore against two realty groups and premises of retail chain Saravana stores, they said.
The premises of Saravana group business owner Yogirathinam Pondurai are also being covered as part of the action, they said.
A total of 74 places are being covered as part of the raids and a team of 70 tax officials are undertaking the operation with police assistance, they added.
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