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About 60,000 individuals to get notice as second phase of operation against black money starts today

| | Apr 14, 2017, at 05:42 pm
New Delhi, Apr 14 (IBNS) : About 60,000 individuals, identified by the Government, will get notice soon as the Income Tax department launches the second phase of the 'Operation Clean Money' to detect black money in the post-demonetisation period, media reports said.

According to The Central Board of Direct Taxes (CBDT),  undisclosed income over Rs 9,334 crore has been detected between the period of November 9, 2016 till February 28 this year.

The notes ban was announced by Prime Minister Narendra Modi on November 8 last year.

In the first phase of the 'Operation Clean Money', launched on January 31 this year, the department had sent online queries and investigated 17.92 lakh individuals, the reports said.

#IncomeTax #OperationCleanMoney #SecondPhase

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