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I-T seizes Rs 10 crore cash, 10kg gold from UP officer's premises

I-T seizes Rs 10 crore cash, 10kg gold from UP officers premises
The Income Tax(I-T) department on Thursday seized over Rs 10 crore in cash and about ten kg of gold after it conducted searches at the Noida residence of a senior Uttar Pradesh bureaucrat, an
official said.

In a second action, the tax sleuths searched at least four premises of a former OSD of Noida Authority Y P Tyagi in Noida near here as part of its crackdown against government servants on charges of alleged tax evasion, the official, who requested anonymity, said.

The official said the I-T teams, in the first search that began early morning, seized over Rs 10 crore in cash and ten kg of gold from the Noida residence of Additional Commissioner of state Sales Tax department identified as Keshav Lal. The officer is posted in Kanpur at present, the official said.

In the second search at Noida, the department recovered some documents and is searching various premises and bank lockers associated with Tyagi and his son.
The official said the department is probing Tyagi's alleged investment in an international university in Noida and a luxury hotel each in Goa and Haridwar.


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