Demonetisation: Income Tax department begins final assessment of 87,000 suspicious deposit cases

These cases, officials said, are also known as those pertaining to suspicious deposits of huge amounts or amounts not in conformity with the transaction history of the entity, post the demonetisation decision announced by Prime Minister Narendra Modi on November 8, 2016.
Demonetisation: Income Tax department begins final assessment of 87,000 suspicious deposit cases
The Income Tax Department has launched the final assessment of 87,000 cases in the country for making suspicious deposits post demonetisation. Photo: Reuters
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