Rs 34.90 lakh seized in Arunachal

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Acting on a tip-off, the Income department has managed to seize Rs 34.90 lakh at Longding in Arunachal Pradesh on Tuesday under Income Tax Act.

On directions from Election Commission of India (ECI) and Central Board of Direct Taxes (CBDT), Directorate of Income Tax Investigation, North East Region has deployed 160 officials across Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura for monitoring expenditure during the on-going election process in the region.

A number of such seizures have taken place in different places during the first week of deployment by Investigation Directorate.

Banks and District Election Officers are required to inform Investigation Directorate of all withdrawals in excess of Rs. 10 lakhs who will take prompt action under relevant laws.

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