No need to snoop on social media: CBDT

New Delhi: It is a "misconception" to think that the Income Tax Department is snooping on social media posts related to exotic foreign tours or possession of expensive goods to check undisclosed income, CBDT Chairman P C Mody said.

He said the tax department does not need to undertake such measures as it is empowered to obtain various information and data sets from multiple agencies and possesses a strong data analytics setup to work out the source and destination of high-value transactions.

"We already get to know actual travel details or other financial transactions of a person from authentic sources," he said, asserting that there is no need for the department to go after Facebook or Instagram postings.