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Home News I-T department seizes Rs 600 cr in cash, valuables post note ban

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I-T department seizes Rs 600 cr in cash, valuables post note ban

I-T department seizes Rs 600 cr in cash, valuables post note ban

Tuesday, March 28, 2017, 9:37 PM

The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10, 2017 leading to seizure of cash and valuables.
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