https://www.taxtmi.com/news?id=17098 The Government is monitoring demonetization while directing the Reserve Bank and banks to increase cash supply and rebalance banknote allocation; measures to ameliorate public inconvenience are being implemented and information is available on the Ministry of Finance portal. Enforcement actions by the Income Tax Department have included seizures and admissions of undisclosed income, with coordinated searches, surveys, enquiries, tax assessments, penalties and prosecutions pursued with other agencies. en-us Sat, 17 Dec 2016 10:31:40 +0530 Sat, 17 Dec 2016 10:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17098 The Government is monitoring demonetization while directing the Reserve Bank and banks to increase cash supply and rebalance banknote allocation; measures to ameliorate public inconvenience are being implemented and information is available on the Ministry of Finance portal. Enforcement actions by the Income Tax Department have included seizures and admissions of undisclosed income, with coordinated searches, surveys, enquiries, tax assessments, penalties and prosecutions pursued with other agencies. News - Sat, 17 Dec 2016 10:31:40 +0530 https://www.taxtmi.com/news?id=17098