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Over INR 5300 crores Of Undisclosed Income Detected by Income Tax department

Over INR 5300 crores Of Undisclosed Income Detected by Income Tax department

Tuesday, January 10, 2017, 12:13 PM

The Income Tax department has detected un-disclosed income of over INR 5,343 crores and seized INR 114 crores of new rupee notes, which were reportedly procured illegally. The tax department has conducted a nationwide hunt against black money hoarders. The tax department has carried out a total of 1,156 searchs, surveys and enquiry operations, under the provisions of the I-T Act since November 8th.
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