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    Statements : The Income Tax authorities carried out raids at three different business houses in the city last week.

    Which of the following can be possible effect of the above statement

  • The three business houses are regular defaulters in payment of their income tax.
  • The Income Tax department have received a tip off about the illegal activities going on in the three business houses.
  • The Government decided to look into the matter and has appointed an inquiry committee..
  • Other business houses took immediate action to clear off all their income tax dues in order to avoid a raid on their establishments.
  • The authorities intend to conduct raids in several other business houses in the vicinity.