Income Tax dept seized ₹3,185 cr black money post note ban
The Income Tax department has tracked down ₹3,185 crore in undisclosed income while ₹86 crore in new notes has also been seized post demonetisation on November 8, officials said. The authorities carried out 677 search, survey, and enquiry operations under the provisions of the Income Tax Act. Also, 3,100 notices were given to various entities on tax issues.