Rs 10cr in new currency seized from MNC’s bank locker: I-T dept traces company’s office in Pune
I-T sources said the office of the company is situated on Mumbai-Bengaluru (NH 4) in Pune district. It is 40 km away from Pune city.mumbai Updated: Dec 15, 2016 11:12 IST
After seizing Rs 10 crore in new currency from the Bank of Maharashtra lockers of a private company, the Income Tax department has also traced its office in Pune.
I-T sources said the office of the company is situated on Mumbai-Bengaluru (NH 4) in Pune district. It is 40 km away from Pune city.
I-T officials plan to carry out search operations after counting notes is over from Parvati branch of Bank of Maharashtra. Sources said they haven’t ruled out multiple lockers of the company in the same or other banks. They expect to get some leads once they are done searching the company’s premises.
I-T officials also have identified a person, who used to operate bank lockers for the company. The person, who is a local man, is expected to be summoned for statement once counting of notes is over. CCTV footage of all the operations in the bank’s locker room is with the I-T department. In fact, I-T officials have begun taking after going through the CCTV footage.
Meanwhile, I-T officials have also undertaken an exercise of checking record of cash transactions after demonetisation announcement of a prominent private bank. I-T officials suspect that cash in new denomination was passed to some persons. Sale record of a prominent jeweller is also under scanner. The jeweller has two shops in Pune and massive gold sale of Rs 45 crore has taken place in two shops hours after Prime Minister Narendra Modi made the announcement on November 8. I-T officials have found in preliminary investigation that PAN card use was not shown in some of transactions.
In another development, a few branches of a private bank along with the prominent jeweller have also come under I-T scanner for their suspicious transactions.