The anti-corruption watchdog will see whether the amount deposited by government employees post note ban commensurate with their income or not
New Delhi : Deposits of scrapped currency notes made by central government employees post demonetisation will be probed by anti-corruption watchdog Central Vigilance Commission (CVC), its chief K V Chowdary said on Sunday. He said the commission has sought relevant data from income tax authorities in this regard. Prime Minister Narendra Modi had on November 8 last year announced the scrapping of old Rs 500 and Rs 1,000 notes. Citizens were provided a limited time window to deposit such notes in their bank accounts.
“We have already sought data (from the CBDT). We will get more refined data on which we will certainly proceed,” Chowdary told PTI in an interview.
The CBDT or Central Board of Direct Taxes is the apex policy-making body for the I-T department.Chowdary said he had had discussions with tax authorities on how to conduct the exercise as the number of transactions involving cash deposits for the country as a whole is very huge. “So how do we see that whether the amount deposited by them (the employees) commensurate with their income or not. Because the CBDT is already doing this exercise for everybody, irrespective of (whether) somebody is an employee or non- employee. We have taken the help of the CBDT. We are yet to get (data),” he said. The CVC expects the CBDT to provide more specific data on the deposits. “We had a series of discussions with them as to what kind of analysis we would like them (to do). They are cooperating with us. In fact, they have given us a lot of ideas,” Chowdary said.