Mumbai, March 19 (IANS) The Mumbai income-tax department is gearing up to keep a strict watch on black money transactions during elections, an official said here Wednesday.
Donning the mantle of "Big Brother", the department has set up a 24x7 monitoring cell for keeping a vigil on black money during the poll season.
As per a directive of the Election Commission, the department has also set up helpline numbers -- 022-22624011/22627275/22635511 -- for the general public to alert the authorities about any suspicious movement of large sums of cash or bullion in Mumbai.
Whenever there is any information or tip-off about movement of large quantities of cash or bullion, the department here would probe the cases as per the provisions of the Income-Tax Act.
The department warned that the cash or bullion would be seized if a satisfactory explanation is not given.
It has also advised the general public to carry necessary documentary evidence while carrying large amounts of cash or bullion to avoid problems with I-T sleuths.
The Mumbai I-T department move follows the Election Commission putting in place an expenditure monitoring mechanism to curb misuse of money power during the elections.
Besides creating an Election Expenditure Monitoring Cell to monitor illegal money, the EC has also appointed a number of expenditure observers.
The poll panel has also asked the civil aviation ministry to operate air intelligence units at all airports to keep a check on illegal cash movements.
Prakash Padukone, the father of world-renowned band Mitton player and well-known actress Deepika
Bigg Boss 14: Hina Khan was seen giving massage on Siddharth Shukla's head, photo getting viral
In Bigg Boss 14, Siddharth Shukla, Hina Khan, and Gauhar Khan have appeared on the show as senior
World Cup 2023: Pakistan announced a 15-member team, know who got the chance and who was out?
Pakistan Cricket Board on Friday announced Pakistan's 15-member squad for the ICC ODI World Cup 2
China has again blocked the inclusion of Lashkar-e-Taiba terrorist Shahid Mehmood in the list of
RBI: Economy strong, but global factors may affect, RBI chief again expressed concern over crypto
The Governor of the Reserve Bank of India has once again made an important comment on the country
BJP will win by comfortable majority: Delhi chief
New Delhi, Feb 8 (IANS) The BJP's Delhi unit chief Satish Upadhyay Sunday said the party will w
India, Bangladesh agree to curb crimes along border
Agartala, Feb 5 (IANS) India and Bangladesh have agreed share information and other details to
Bedi apologises after BJP loss
New Delhi, Feb 10 (IANS) BJP's chief ministerial candidate Kiran Bedi Tuesday apologised to BJP
Amarinder arrives in Amritsar to challenge Jaitley
Amritsar, March 28 (IANS) Former Punjab chief minister Amarinder Singh arrived in this Sikh hol
In these 10 states of the country, only 73% of the cases of corona are there, UP at number three
The Government of India, fighting the second wave of Coronavirus, has on Tuesday released a list
