Modus operandi for conversion of unaccounted cash during Operation Clean Money/demonetization by bullion traders/jewellers, Petrol pumps, Contractors, Shell companies etc.…
High cash sales during demonetization-more than 60000 persons identified for investigation. All the liable accounts will be brought to tax…
Disclosure of SBN in company balance sheet and auditors report made compulsory Company to disclose details of SBN in balancesheet held and…
Demonetisation adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017-RBI…
Exchange of old currency notes grace period after 30-12-2017 Submission of old currency notes of Rs. 500 and Rs. 1000;…
Persons whose tax profiles not match with cash deposits made in bank during the demonetization period identified-Operation Clean Money Ministry…
SOP for verification of Cash transactions deposits in bank by Income Tax Officers post demonetisation. CBDT issues detailed Standard Operating…
Harsh punitive actions against shell companies to prevent misuse for money laundering and tax-evasion for unearthing black money post demonetization…
No savings bank cash withdrawals limit from 13-03-2017. Limit enhanced to Rs. 50,000 per week from current limit of Rs.…
Reports submitted to RBI regarding SBN deposited in banks as on 30-12-2016. says Government. However still no data appears to…