The Telegraph
Thursday , March 13 , 2014
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I-T watch on wads of poll cash

Political cash flow to woo Lok Sabha voters for the Jamshedpur seat will be scanned by the income tax (I-T) department.

East Singhbhum DC Amitabh Kaushal has asked I-T commissioner (Jamshedpur) Vir Birsa Ekka and I-T additional director investigations (Jamshedpur) Sandeep Raj to keep tabs on the poll expenditure of candidates.

According to the directive by Election Commission of India (ECI), I-T officials must strengthen their intelligence network and keep watch over movement of cash in the seat.

“We will depute teams and coordinate with officials of Tatanagar station, Sitaramdera bus terminus, Sonari Airport, major hotels and farmhouses in the city from March 15. The drill will continue till poll day, April 17,” Raj said.

He added they would watch entry and exit points to and from the city and checkpoints of East Singhbhum district where it shares border with states Odisha and Bengal and districts West Singhbhum and Seraikela-Kharsawan.

Anyone found with cash over Rs 10 lakh in these places will be detained for scrutiny by I-T officials.

Ekka said banks had been tipped off to inform the I-T department about cash withdrawal over Rs 10 lakh by any person.

Financial Intelligence Unit (FIU) will also share real-time information on suspicious transactions and huge cash withdrawals from bank accounts to the district election official, election commission and I-T department.

The I-T department is required to submit before the EC its reports on assets and liabilities of candidates within six months from the date of polling.

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