Why substantial hike in the assets of MPs and MLAs
Why substantial hike in the assets of MPs and MLAs
National

Why substantial hike in the assets of MPs and MLAs

Pennews

The Central Board of Direct Taxes (CBDT) has told the Supreme Court that there has been a substantial hike in the assets of seven Lok Sabha MPs and 98 MLAs across the country and “discrepancies” have been found.

The CBDT said it would further probe the issue and place before the apex court in a sealed cover the relevant documents relating to the assets of these lawmakers. It also said that the names of these politicians cannot be revealed and would be given to the court in a sealed cover for its perusal.

The tax department said they have probed the allegations by a non-governmental organization (NGO), which has sought disclosure of the sources of income by the candidates contesting elections when they file nomination for polls, regarding alleged increase in assets of 26 Lok Sabha and 11 Rajya Sabha MPs and 257 MLAs.

In an affidavit filed in the apex court, CBDT has said that election affidavits filed by these politicians as per the list given by the NGO, Lok Prahari, have been examined and discrepancies have been found in the cases of seven Lok Sabha MPs and 98 MLAs.

It said the income tax department has inquired into these allegations and “have prima facie found” that there was huge increase of assets in case of these lawmakers and the matter would be probed further. However, the board said verification report by the director general of income tax (investigation) regarding the affidavits filed by these politicians cannot be provided under the Right to Information (RTI) Act and would be filed in the court in a sealed cover for the perusal of the bench.

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