https://www.taxtmi.com/news?id=17881 Operation Clean Money initiated a technology led compliance regime beginning with e verification of demonetisation period cash deposits, closing cases with justified sources or PMGKY declarations and escalating unexplained or non responsive transactions. The second phase applies advanced data analytics, relationship clustering and fund tracking to identify high risk persons for detailed investigation-focusing on disproportionate cash sales, large deposits by government/PSU employees, high value property purchases, outward remittances and layering via shell entities-and subjects flagged accounts to in depth enquiries and enforcement actions. en-us Fri, 14 Apr 2017 15:06:25 +0530 Fri, 14 Apr 2017 15:06:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17881 Operation Clean Money initiated a technology led compliance regime beginning with e verification of demonetisation period cash deposits, closing cases with justified sources or PMGKY declarations and escalating unexplained or non responsive transactions. The second phase applies advanced data analytics, relationship clustering and fund tracking to identify high risk persons for detailed investigation-focusing on disproportionate cash sales, large deposits by government/PSU employees, high value property purchases, outward remittances and layering via shell entities-and subjects flagged accounts to in depth enquiries and enforcement actions. News - Fri, 14 Apr 2017 15:06:25 +0530 https://www.taxtmi.com/news?id=17881