Summary:
In its bid to prevent the use of black money and unaccounted cash in the forthcoming state Assembly elections, the Income Tax department has geared up to enforce the Model Code of Conduct with fervour. To that end, the department has already seized close to Rs 4 crore in black money across Mumbai since the Election Commission of India (ECI) imposed the MCC in the state. In the Lok Sabha elections, illegal cash worth Rs 28 crore was seized in Maharashtra, of which Rs 16 crore was seized from Mumbai. "On a regulatory front, a system has been put into place to gather intelligence and inputs regarding cash movement. 603 staffs of the IT department are also stationed in the state for immediate response..