₹86 crore in new notes seized post note ban
The Income Tax department has seized ₹86 crore in new notes post the demonetisation move on November 8, officials said. The department served 3,100 notices on tax issues and conducted over 677 search, survey, and enquiry operations post note ban. A total of ₹3,185 crore of undisclosed income has been detected as part of department's operations against black money hoarders.