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Feb 21, 2017
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Expect a visit from taxman if you've ignored I-T dept's email
Income Tax officials could soon be at your doorstep if you have deposited a huge amount during the note-swapping exercise last year, and have not yet explained the source of the cash. "We have tried to keep the exercise non-intrusive. But if people have not come forward, then some kind of verification is needed especially in cases that involve deposits of large sums," a senior income-tax department official told ET.
Source -
http://economictimes.indiatimes.com
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