`5.4 cr seized from lock­ers in Chandni Chowk: I-T

Millennium Post - - Front Page - OUR COR­RE­SPON­DENT

NEW DELHI: In­come tax of­fi­cials seized Rs 5.4 crore more in cash from lock­ers sealed at a pri­vate vault run from Old Delhi area of Chandni Chowk on Wed­nes­day while 100 more lock­ers are yet to be ex­am­ined. So far, the to­tal cash seizures from these lock­ers have ex­ceeded Rs 30 crore.

Sources said sum­mons had been is­sued to busi­ness­men who have been op­er­at­ing these lock­ers rented at a pri­vate es­tab­lish­ment in the whole­sale mar­ket of the Old Delhi's busi­ness hub. Many of the lock­ers didn't have proper names and ad­dresses, mak­ing it dif­fi­cult for I-T of­fi­cials to iden­tify the ac­tual ben­e­fi­cia­ries.

Searches over the week­end had yielded Rs 25 crore in un­ac­counted cash by open­ing 39 lock­ers till late Mon­day evening. Be­tween Tues­day and Wed­nes­day af­ter­noon, of­fi­cials re­opened five more lock­ers and seized Rs 5.4 crore in un­ac­counted money.

Busi­ness­men who have claimed own­er­ship of these lock­ers have been asked to come with their books of ac­counts and other doc­u­ments to jus­tify the cash stash if they are gen­er­ated through a le­git­i­mate busi­ness oper­a­tion.

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