I-T seizes Rs 28 cr in states in poll bound states: CBDT

Income Tax Department said it has until now detected tax evasion to the tune of Rs 85 crore and seized Rs 28 crore unaccounted cash from individuals in the poll bound states.

Last Updated: Apr 21, 2011, 20:20 PM IST

New Delhi: Income Tax Department on Thursday said
it has until now detected tax evasion to the tune of Rs 85
crore and seized Rs 28 crore unaccounted cash from individuals
in the poll bound states.

"The maximum cash -- Rs 17.5 crore was seized from Tamil
Nadu and (Union Territory of) Puducherry," a CBDT official
said.

The Income Tax Department, which is working "shoulder to
shoulder" with the Election Commission of India, seized about
Rs 9 crore from different persons in West Bengal and Assam,
while Rs 1.54 crore unaccounted money was recovered in Kerala.

Following the seizure of money, searches were conducted
leading to disclosure of tax evasion of about Rs 85 crore,
including Rs 60 crore from Tamil Nadu and Puducherry and Rs 16
crore in West Bengal and Assam.

Cases have been registered against the tax evaders, the
official said.

The seizures were made from people who could not
explain the source and purpose of fund to the concerned
authorities.

The I-T Department made the seizures amid suspicion that
such funds could be misused for influencing voters, sources
said.

The results of the Assembly elections in Assam, Tamil
Nadu, Kerala and Puducherry are awaited while the polling is
still going on in West Bengal in phases.

The CBDT has posted its officials in almost all the poll
bound constituencies and at airports there.

PTI