I-T searches during election fetch ₹80 crore of money, valuables worth ₹23 crore
[ad_1]
The Income-Tax (IT) Department carried out 83 raids forward of the Assembly election held in Tamil Nadu on April 6.
According to sources within the Department, during the raids, round ₹80 crore of money and different valuables worth ₹23 crore have been seized by the sleuths. The Department had deployed over 650 of its officers throughout the State and particular focus was given to twenty delicate constituencies, the place distribution of money was suspected.
Data supplied by the I-T Department confirmed that during the 2016 Assembly election, the taxmen managed to grab money to the tune of ₹31.74 crore. During the 2019 election campaigning for Tamil Nadu’s 39 seats within the Lok Sabha, I-T officers carried out a number of raids and seized ₹80.5 crore in money and valuables worth ₹1.09 crore.
The Department didn’t need to present particulars on every raid. But during the Assembly election, primarily based on info, sure candidates and associates belonging to each the AIADMK and the DMK have been searched.
[ad_2]
