I-T dept unearths undisclosed income of 7,961 cr

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I-T dept unearths undisclosed income of 7,961 cr
News and Press Release
Dated:- 18-12-2017

New Delhi, Dec 18 (PTI) The Income-Tax Department has unearthed undisclosed income of ₹ 7 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ,961 crore post demonetisation, from November last year to March, Parliament was informed today. In a written reply to the Lok Sabha, Minister of State for Finance Pon Radhakrishnan said the departme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt, during this period, conducted searches on around 900 groups, wherein assets worth over ₹ 900 crore were seized and undisclosed income of ₹ 7,961 crore was admitted. Prime Minister Nar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... endra Modi on November 8, 2016 had announced demonetisation of ₹ 1,000 and ₹ 500 notes in a major assault on black money, fake currency and corruption. The minister further said that as p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er the data available to NCRB (National Crime Record Bureau), after cancellation of Legal Character of Specified Bank Notes, an amount of ₹ 18.70 crore FICN (Fake Indian Currency Note have been .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... seized by State Police till November 30, 2017 as against ₹ 15.70 crore seized the year-ago period.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X