Bitcoin business dealings related to Dehradun, Income tax team raid

An Income Tax has raided a man in Faridabad, located in Dehradun, a business person doing business of Bitcoin. The places of his three companions are also being searched. It is believed that Bitcoin business was going on in large part in Doon too.

Chief Commissioner of Income Tax (Investigation) Kanpur Amarendra Kumar said that the raids were conducted on Tuesday in Divya Vihar, Nehru Village of Dehradun. Bitcoin was being traded from Faripabad-based Crypto Secure Solutions Pvt. Ltd. Where the team has seven computers and other documents in the raid. In Faridabad, Abhishek was performing the operation of the company, which is based in Dehradun. Following this information, the Income Tax team raided Abhishek's house in Doon.

Till Tuesday late night income tax action was taken. Alongside, Abhishek is also gathering information about other people involved in the business. Apart from this, information about property and bank accounts in Abhishek's Doon is being taken. Along with Abhishek, there is also information about those who invest in Ditto from Bitcoin. It is known that bitcoine is a virtual currency, it is used only for digital transactions. It does not operate with any banking system.