Income Tax Department Sets Up Control Room for Cash Transactions

In light of the upcoming general elections, the Pune income tax department has taken a proactive step to tackle the misuse of money and monitor cash transactions effectively. Setting up a specialized control room for Pune and surrounding districts within the Pune division marks a strategic move to curb the misappropriation of funds during this crucial period.

Vigilance and Reporting

Suhas Diwase, the district collector and district election returning officer, has issued a heartfelt appeal to the citizens, urging them to remain vigilant and report any suspicious financial activities. The collaboration between citizens and the income tax department is pivotal in ensuring transparency and fairness in the electoral process. By reporting any instances of potential misuse of funds, citizens contribute significantly to upholding the integrity of the elections.

Functional Coverage

The newly established control room extends its operational reach to multiple districts, including Pune, Thane, Palghar, Raigad, Ratnagiri, Ahmednagar, Solapur, Satara, Sangli, Sindhudurg, and Kolhapur. This extensive coverage underscores the comprehensive approach adopted by the income tax department to address financial irregularities across a wide geographic area.

Regulatory Measures

Stringent regulatory measures have been put in place to regulate cash transactions during the election period. Transactions exceeding Rs 10,000 by each candidate must be conducted through cheque or online channels. District cooperative banks are entrusted with the responsibility of monitoring such transactions diligently. Additionally, every bank within the Lok Sabha constituency is mandated to furnish daily reports on transactions exceeding Rs 10 lakh to the expenditure control committee.

Collaborative Efforts

An anonymous senior official from the income tax department revealed collaborative efforts involving multiple departments to ensure strict compliance with regulatory norms. The formation of the static control team (SST), comprising representatives from the income tax department, goods and services tax department, state excise department, and the police department, underscores a concerted approach to combat illicit activities such as illegal sale and stocking of liquor and unauthorized distribution of cash.

Enhanced Surveillance

Enhanced surveillance measures have been deployed to monitor and deter unlawful activities within the constituency. Border check posts are manned round-the-clock by designated personnel to scrutinize vehicles rigorously. Furthermore, increased CCTV monitoring, coupled with regular inspections at key transit points such as ST buses and railway stations, serves as a deterrent against illicit cash transactions and distribution of materials.

Contact Information

Citizens are encouraged to utilize the dedicated resources provided by the control room to report any instances of financial irregularities. The control room operates 24/7, offering multiple channels of communication: