About 100 teams of I-T sleuths were searching the premises of industrialists, businessmen and contractors. Searches were also on since early morning at their houses and offices.The I-T department also conducted raids at some chit fund companies, finance companies and their directors.The search was on at a few premises in areas like Kukatpally, Ameerpet, Shamshabad and Jubilee Hills.The officials were reportedly looking into complaints of tax evasion. They were checking records of financial transactions.The I-T sleuths were checking computers, laptops and other digital records.Further details were awaited.--IANSms/dpb(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)