sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« General »
 The Central Board of Direct Taxes unveiled new Income Tax Return forms for assessment year 2018-19 on 5 April. Although the manner of filing returns remains the same as compared to last year, certain changes have been incorporated in the new ITR forms.
 Income Tax efiling: Must-do steps to file your IT return for FY 2017-18 on time till you get Form 16
 What are the tax filing deadlines for financial year 2017-18?
 How income tax department can penalise you for under-reporting, misreporting income
 Start your tax planning right now
 Government confident of meeting fiscal deficit, tax revenue targets
 Clarification with respect to the E-way Bill System
 Here is how you can save on taxes
 Here’s all you should know about filing Income Tax Return before March 31
 Tax benefits continue to accrue even after PPF a/c is transferred to another bank
 When you may have to visit income tax department’s compliance portal

Income tax department to monitor money during poll
March, 04th 2011

The Election Commission has roped in the income tax department to monitor the money flow during the Tamil Nadu Assembly elections. The I-T investigation department has formed teams in each district and started monitoring the activities of political parties.

The department on Thursday also set up a toll-free number to receive complaints. According to a senior official in the investigation department: "Following a request from the Election Commission to the Central Board of  Direct Taxes, the I-T has appointed teams headed by an inspector. Surveillance of big functions including marriages and other ceremonies in small towns, cities and villages is also being done."

According to the official, teams will also be posted in bus stands, railway stations, airports and hotels. He said that the I-T department is being involved across the nation.

After its success in the Bihar elections, the EC had decided to rope in the I-T department to curtail money power in Tamil Nadu elections.

Asked about the manpower for the elections, the official said personnel from other departments would be involved as in the case of large raids undertaken by the department.

About the freebies being distributed by the parties on the eve of polling or before that, the official said based on reports from the teams or on complaints received by the department, action would be taken in coordination with the police and other district officials. Though the I-T department will intervene only if the amount is huge and the source is not known, complaints received by it would be passed on to the authorities concerned, apart from informing the Election Commission.

The official said the department had not fixed any limit for people to carry cash but if the amount was large then the person would be questioned about the source of the money.

"So far, no complaints have been received but we do anticipate complaints as the polling date nears," he said. The toll-free number that the department has set up to receive complaints is 1800-4256669. Complaints can also be emailed to itcontrolroomchennai@gmail.com or faxed to 044-28240064.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions