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In a first after new law, IT department unearths 30 Benami lockers in Delhi

By Shailesh Yadav | Updated: Dec 03, 2018 14:46 IST

New Delhi[India] December 3 (ANI): As many as 30 Benami lockers were detected by the Income Tax Department (IT) during an ongoing raid in a private vault at Delhi's Chandni Chowk area. This is the first case of Benami Lockers being unearthed by the Delhi investigation wing of the IT department after The Benami Transaction (Prohibition)Amendment Act was passed by the Parliament in August 2016.
The law seeks to prohibit Benami transactions irrespective of the method by which such property, both movable and immovable, is acquired.
"Around Rs. 10 crore has been recovered from these 30 Benami Lockers alone. These numbers may go up as the raid is still on and may take 10 more days to conclude," IT sources told ANI.
 According to sources, out of 300 lockers, 120 have been opened till Saturday, which collectively had Rs 25 crore in them. Officials said these Benami lockers were opened in the name of former employees, current employees and some relatives of the locker owners.
During the investigation, some of the locker owners accepted that they earlier used to work in the firms, but were unaware that the locker was opened and operated in their names.
They said that when they used to work with these firms, they submitted their identification documents, which were possibly used to open and operate the lockers.
The IT department has seized a laptop and register which was used for entries.
"Whoever used to come to deposit or collect cash from the locker was supposed to do entries in the register," the IT sources said. On the basis of details mentioned in the laptop and register, the IT sleuths summoned these persons. However, some of them didn't turn up to claim the locker and thus, after two weeks, the IT sleuths broke the locker after completing official formalities.
IT officials said that some of the firms that are involved in Hawala transaction had opened two or three lockers in the name of their employees.  (ANI)