 "A customer waits to deposit 1000 Indian rupee banknotes in a cash deposit machine at bank in Mumbai")
The Income Tax Department (ITD) today said that about 14,000 properties worth over Rs 1 crore each are under its scrutiny as their owners have not filed income returns.
Using data analytics, 13.33 lakh accounts of some 9.72 lakh persons with unusual cash deposits of around Rs 2.89 lakh crore was identified and response sought.
The resource was captured "within a short span of 3-4 weeks," the statement said, without saying how many of them were genuine deposits and how many were unaccounted money.
It also did not give details of tax collected on unaccounted money.
The Operation Clean money
