Polls: I-T Department sets up 24x7 cell to check black money

The Income Tax Department has set up a round-the-clock control room and complaint monitoring cell to track use of black money during the forthcoming Maharashtra Assembly elections.
As per the instructions of the Election Commission, the department has set up a helpline which can be used by the general public to alert it about any suspicious movement of large sums of cash or bullion in the megapolis.
In cases where tax authorities receive any information about movement of large sums of cash or bullion, they would investigate cases as per provisions of the Income Tax Act, and seize cash or bullion if no satisfactory explanation is furnished, the department said in a statement issued here today.

The department has advised the public to carry necessary documentary evidence, including identification card or Permanent Account Number (PAN) card, while carrying large amounts of cash or bullion in order to avoid unnecessary inconvenience.