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Income Tax Department Detects INR 3,185 Crores In Black Money

Income Tax Department Detects INR 3,185 Crores In Black Money

Wednesday, December 21, 2016, 4:05 PM

Income Tax department has detected INR 3,185 crores in black money and seized INR 86 crore in new notes after demonetization. Sources said that the tax department carried out a total of 677 searches, survey and enquiry operations, under the provision of the income tax act, since the note ban was declared on November 8th 2016.
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