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  In post-demonetisation raids, I-T dept uncovered Rs 4,663 cr of ‘undisclosed income’: Report

  January 03, 2017 8:27 IST

  In a massive crackdown on black money hoarders across the country, the Income Tax Department has detected over Rs 4,663 crore of undisclosed income post the demonetisation of two high-value currencies by the government.

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  Casteist forces don’t want a Dalit woman to come up: Mayawati hits out at BJP after ED raid

  National | December 27, 2016 13:51 IST

  Mayawati on Tuesday asserted that the money detected by the Enforcement Directorate (ED) in her party’s account was entirely accounted for and was deposited following all due procedures.

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  Surat’s Bhajiawala family operated 56 bank accounts, I-T dept says in FIR

  India | December 27, 2016 12:30 IST

  In the latest in the series of revelations in the case of Surat-based financier Kishor Bhajiawala, the FIR registered with the CBI by the Surat Income Tax Department against him says that his family operated a total of 56 accounts in different banks.

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  I-T raids post note ban: Rs 3300 cr in unaccounted income, Rs 92 cr in new notes seized

  January 09, 2017 6:30 IST

  Over Rs 3,300 crore of undisclosed income has been detected while Rs 92 crore worth new notes have been seized till now by the Income Tax department as part of its country-wide operations against black money hoarders post the demonetisation drive.

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  Rs 1.08 cr in new notes, property worth Rs 250 cr: How Surat’s tea-seller-turned-financier landed in I-T net

  India | December 16, 2016 14:46 IST

  It could have passed off as another rags to riches story of a tea and bhajiya seller from Gujarat making it big had it not been for demonetisation that stepped up Income Tax surveillance and a crackdown on ill-gotten money.

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  Rs 2,614 cr undisclosed income admitted since note ban: I-T sources

  December 16, 2016 16:02 IST

  Ever since the government’s announcement of currency demonetisation on November 8, the Income Tax department has carried out a record number of searches across the country digging out enormous amount of ‘unaccounted wealth’.

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  IT sleuths tighten noose around cash mafia, take CBI, ED, police on-board

  India | December 14, 2016 7:29 IST

  the Income Tax department has expanded its scope of investigation beyond tax invasion by roping in the police, the CBI and the Enforcement Directorate (ED) to look for possible criminality and money laundering.