Noida, Jan 31 (SocialNews.XYZ) The Income Tax Department is conducting a search operation at the premises of a former IPS officer in Uttar Pradesh's Noida Sector-50.
A source said that the department received an information that cash worth several crore was kept at the basement of the building.
The source said that they were running a firm from the basement, which has 650 lockers.
The IT department source said that as of now no case has been registered and it was only a search operation - which they also call survey.
The source said that they are checking whether it has any connection with benami property or not.
The IT official reached Noida Sector-50 late on Sunday evening. The search operation was going on.
The official will speak to media once the survey is over.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz