Income Tax Department (ITD) lead by Sushil Chandra has launched Operation Clean Money to verify the cash deposited in the banks during November 9th to December 30th 2016. An online Verification process will be carried out by comparing the demonetization data CBDTwith information in ITD databases. This information will be available at the portal https://incometaxindiaefiling.gov.in. The PAN holder can view the information using the link ‘Cash Transactions 2016’ under ‘Compliance’ section of the portal.
So, let’s discuss some questions related to this post:
Q1. Name the Operation, which has been lunched by Income Tax Department to verify the cash deposited in the banks during November 9th to December 30th 2016?
Ans1. Operation Clean Money