Tag Archives: Banning of Bank Notes

Action by Income Tax Department for currency deposited in banks

By | November 11, 2016

Press Release by Govt of India , Ministry of Finance,10-November, 2016 Replies given by Revenue Secretary Dr. Hasmukh Adhia on the questions relating to action by Income Tax Department in respect of old currency deposited in banks . Q.1  A lot of small businessmen, housewives, artisans, workers may have some cash lying as their savings… Read More »