NEW DELHI: The income tax department has identified 5.68 lakh new cases for verification, including 1.58 lakh taxpayers who made partial declaration of accounts in the past.
Post demonetisation on November 8, the tax department is flushed with information from various sources, including statement of financial transactions (SFT) filed by banks.
“The income tax department has also identified 3.71 lakh new accounts relating to 1.58 lakh taxpayers who made partial declaration of accounts/amounts in their earlier responses. In addition to the earlier 18 lakh cases, 5.68 lakh new cases have been identified for e-verification process,” the I-T department said.
The tax department is conducting analysis in conjuction with previously available/analysed data. Such incremental data analysis has already led to identification of new cases for e-verification, he said. (AGENCIES)
Follow our WhatsApp channel