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Record seizures made during campaigning for elections

Income Tax Department deploys 650 officials to monitor movement of cash

Sea intelligence unit formed; a 20-member team will be assigned to each district The Income Tax Department has deployed over 650 of its officials to monitor the movement of cash and other assets ahead the Assembly election in Tamil Nadu. A 20-member team, headed by an officer of the rank of Assistant Commissioner or Deputy Commissioner, will be assigned to each district. Special rapid action teams have been deployed to monitor sensitive constituencies where largescale cash distribution is suspected. Rapid action teams “Going by the previous election, we have identified 20 sensitive constituencies, where additional manpower will be deployed,” said P.S. Sivasankaran, Additional Director of Income Tax (Investigation), Chennai. He told

IT Deptt raids 15 entities associated with IL&FS in Jammu, Delhi

Attempts to evade tax, shady financial transactions Several incriminating documents seized for scrutiny Mohinder Verma JAMMU, Jan 6: Investigation Wing of the Income Tax Department today carried out simultaneous raids in the premises of 15 entities in Jammu and Delhi which are associated with IL&FS Transportation Networks Limited and its Financial Services in connection with alleged large scale evasion of tax and other shady financial transactions. Reliable sources told EXCELSIOR that on the directions of the top brass of the Income Tax Department different teams of Investigation Wing started simultaneous raids in the premises of 15 entities one in Jammu and rest in Delhi. Huge deployment of security personnel was made at all these places in order to ensure smooth operation by the Income Tax Department sleuths.

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