Cash Seizures Rise Ahead Of Elections In Five States, Says Tax Department
NDTV
Sources said in Rajasthan this year there has been a three-fold increase in the total seizure of illegal cash, liquor, drugs, gold, silver etc.
In the run-up to the assembly elections in five states, the Income Tax department has seized more unexplained cash as compared to elections held in those states earlier, CBDT (Central Board of Direct Taxation) chairman Nitin Gupta said on Wednesday.
Mr Gupta said that prior to both state assembly and Lok Sabha elections, the enforcement agencies, including the I-T department, increased surveillance and also got information about unexplained cash and jewellery on toll-free numbers created for the purpose.
"The states where we are right now in elections, we have seized more cash than what was seized in the corresponding time in the state assembly elections or Lok Sabha 2019," Mr Gupta told reporters here.
