Some used one PAN for 20 accounts after note ban: Govt
Revenue Secretary Hasmukh Adhia has revealed that after the November 8 demonetisation move's announcement it was found that in some cases 20 accounts were connected to a single PAN. He further revealed that over two-third of the demonetised currency deposited in banks had come in the form of deposits over ₹2 lakh — totalling around ₹10.38 lakh crore.