EC asks CBDT to keep tabs on suspicious cash flow

Election Commission (EC)  asked Central Board of Direct Taxes (CBDT) to closely monitor misuse of money power in five states that are going to polls this year.

EC asked CBDT to carry out the same procedure the latter had followed during the Bihar election last year.

CBDT has been asked to keep surveillance at airports, major hotels, railway stations, financial brokers and hawala operators during elections. Suspicious cash withdrawal from banks will also be monitored by CBDT during polls. EC has asked the income tax department to verify the assets declared in the affidavits by the candidates and send reports.

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