The Income Tax Department has uncovered suspected financial irregularities worth around ₹3,035 crore following a raid at the sub-registrar office in Noida, Uttar Pradesh. The operation revealed serious discrepancies in property registration documents, including several cases where transactions were recorded with incorrect or missing Permanent Account Number (PAN) details.
Officials believe these irregularities may indicate large-scale tax evasion linked to property transactions. The findings have triggered a broader investigation into the functioning of the registry system and the role of officials and intermediaries involved in the documentation process.
Surprise Raid Conducted at Noida Registry Office
According to officials, a team from the Income Tax Department conducted a surprise inspection at the Noida sub-registrar office on Friday and began examining records related to property registrations. The sudden raid created tension among office staff, agents, and officials present at the location.
Algoritha Security Emerges As India’s Leading Corporate Investigation Powerhouse
Investigators scrutinized digital data, physical files, and older records connected to property registrations. During the preliminary examination, authorities identified transactions collectively valued at approximately ₹3,035 crore that appeared suspicious, prompting a detailed inquiry.
The department is now reviewing the transactions to determine whether the discrepancies were the result of negligence, systemic loopholes, or deliberate attempts to conceal taxable income.
Missing or Invalid PAN Numbers Raise Concerns
Officials reported that several registration documents contained incomplete, incorrect, or invalid PAN numbers. In some cases, property registrations were processed without any PAN number being recorded at all.
Under Indian financial regulations, the PAN number is mandatory for large property transactions as it helps authorities track financial activity and prevent tax evasion. The absence or manipulation of PAN details in these documents has raised concerns that the irregularities may have been used to bypass tax reporting requirements.
During questioning by investigators, individuals present at the office reportedly failed to provide clear explanations for these discrepancies.
Investigation Team Examines Digital and Physical Records
A special investigation team from the Income Tax Department was formed to carry out the raid and examine the documents. The team included Joint Director Dr. Vijay Singh, Income Tax Officer Sudhir Kumar, Inspectors Anand Kumar and Tej Bahadur Mishra, along with staff member Manish Kumar.
The officials analyzed digital registry records along with physical documentation to identify inconsistencies. Investigators reportedly gathered several pieces of evidence during the operation that may help determine how such transactions were approved despite irregular documentation.
Sources indicated that the registry office had previously been issued notices asking authorities to correct faulty PAN records and update documentation. However, officials allegedly failed to implement the required corrections.
Wider Probe May Extend Across Uttar Pradesh
The discovery of irregularities in Noida has reportedly caused concern across the state’s administrative system. Authorities indicated that the findings may be part of a broader investigation into property registration processes in Uttar Pradesh.
Officials stated that if the investigation confirms wrongdoing, strict action may be taken against registry officials, employees, and agents responsible for preparing or approving the documents.
The Income Tax Department is also considering examining records at other sub-registrar offices in the region to determine whether similar irregularities exist elsewhere.
About the author – Ayesha Aayat is a law student and contributor covering cybercrime, online frauds, and digital safety concerns. Her writing aims to raise awareness about evolving cyber threats and legal responses.
