Operation Clean Money; Income Tax Department identifies 17.92 Lakh persons whose tax profiles were not in line with the cash deposits made by them during the demonetization period

Operation Clean Money; Income Tax Department identifies 17.92 Lakh persons whose tax profiles were not in line with the cash deposits made by them during the demonetization period https://www.taxtmi.com/news?id=17572 Operation Clean Money used data analytics and e-filing to reconcile cash deposits during the demonetization period with taxpayer profiles; acceptable explanations or PMGKY declarations close verification, while unsatisfactory responses may lead to searches, surveys, assessments, taxes, penalties, and prosecutions under law. en-us Fri, 10 Mar 2017 16:41:29 +0530 Fri, 10 Mar 2017 16:41:29 +0530 TaxTMI RSS Generator Operation Clean Money; Income Tax Department identifies 17.92 Lakh persons whose tax profiles were not in line with the cash deposits made by them during the demonetization period https://www.taxtmi.com/news?id=17572 Operation Clean Money used data analytics and e-filing to reconcile cash deposits during the demonetization period with taxpayer profiles; acceptable explanations or PMGKY declarations close verification, while unsatisfactory responses may lead to searches, surveys, assessments, taxes, penalties, and prosecutions under law. News - Fri, 10 Mar 2017 16:41:29 +0530 https://www.taxtmi.com/news?id=17572