https://www.taxtmi.com/news?id=16889 Verification of source of funds through statutory information powers is being used to investigate large cash deposits made in demonetised high-denomination notes. Notices require documentary evidence, books of account and prior tax returns to explain cash deposits flagged by banks as unusually large, while complementary survey operations target real estate, bullion traders, hawala networks, cooperative banks and tax-exempt organisations to detect tax evasion and money laundering. en-us Sat, 19 Nov 2016 18:58:48 +0530 Sat, 19 Nov 2016 18:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16889 Verification of source of funds through statutory information powers is being used to investigate large cash deposits made in demonetised high-denomination notes. Notices require documentary evidence, books of account and prior tax returns to explain cash deposits flagged by banks as unusually large, while complementary survey operations target real estate, bullion traders, hawala networks, cooperative banks and tax-exempt organisations to detect tax evasion and money laundering. News - Sat, 19 Nov 2016 18:58:48 +0530 https://www.taxtmi.com/news?id=16889