Taxman chasing 80,000 cases where returns not filed post DeMo: CBDT chairman

The Income Tax Department is "chasing" 80,000 cases where people have not filed their returns, post demonetisation, despite the taxman sending them notices to do so, a senior official said Wednesday.

CBDT Chairman Sushil Chandra, after inaugurating a stall of the I-T Department at the India International Trade Fair at Pragati Maidan here, said the department has also identified nearly 80 lakh people who had filed their returns during the past three years but have not done that so far.

The top boss of the department said the November 2016 decision to demonetise high-value currency "really helped in increasing the tax base in the country and as well as the net revenue of this country from direct taxes."