Rs 390 crores seized in IT Raids

moneyAccording to the latest Income Tax department sources, At least 586 actions taken by IT Dept post DeMonetisation till Dec 14.

IT dept after demonetization, took action in 586 cases and a total cash worth Rs 316 cr new currency worth Rs 79cr has been seized.

The Total seizure – Rs 390 crore and the Total undisclosed income admitted – Rs 2614.

The IT officials have conducted raids based on serial numbers of the 2000 notes and CCTV footage also helped in getting information about the black money.