IT issues notices to 1.98L for depositing over Rs 15 Lakh
IT issues notices to 1.98L for depositing over Rs 15 Lakh
National

IT issues notices to 1.98L for depositing over Rs 15 Lakh

Pennews

Following the clues from demonetisation data mining, Central Board of Direct taxes (CBDT) has issued 1.98 lakh notices against those who deposited more than Rs 15 lakh in their bank accounts, but failed to file the return.

Accepting the issuance of notices to these people, sources in Finance Ministry said that these notices were sent to them during Dec- Jan.

Sources said that it was made clear time and again by the Prime Minister Narendra modi and Finance Minister Arun Jaitley that government is doing data mining and action will be taken against deposits found to be suspicious. Finance Ministry too had warned against the unaccounted deposits.

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