Demonitization

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FAQ Release for Cash Deposit Notice Response

By | 2017-02-12T19:41:18+00:00 February 10th, 2017|How To, Income Tax, Latest News|

Income tax department has already started Operation Clean Money from 31st January 2017 as per Press release issued by ITD. In this operation, ITD has selected cases of 18 lakh persons in its first batch to whom notice is being issued and messages is being issued for cash deposit. These Notices of cash deposited is [...]

Enquiries Started For Cash Deposited

By | 2017-05-23T18:11:08+00:00 February 1st, 2017|Income Tax|

Under Demonitization Scheme, Many people has deposited cash in their bank accounts. As From date of 9th November to 31st December 2016, Modi Government has banned Notes of Rs. 500 & Rs. 1000 as a result of war against black money. After deposition of cash in bank accounts, Now income tax department has started inquiries [...]

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