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IT department to follow up with over 1 million taxpayers

IT department to follow up with over 1 million taxpayers

Saturday, February 18, 2017, 11:07 AM

The IT department will issue follow-up letters to more than 1 million taxpayers who have failed to respond to its mail and SMS to explain high-value cash deposits in bank accounts between 9 November and 30 December. Income tax department has received replies from over 7 lakh people who have accepted making huge deposits during the 50-day demonetisation period.
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