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Political parties not exempted from depositing old notes, clarifies Finance Secretary

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ANI New Delhi [India]
Last Updated : Dec 16 2016 | 11:22 PM IST

Putting an end to all speculations over political parties being exempted under the Income Tax law to deposit old notes, Finance Secretary Ashok Lavasa said there was no such provision against anybody.

"Till December 30, anybody can deposit old notes. So there is no such interruption against anybody that some can deposit while the other cannot. Anybody in India can deposit these notes in his account," said Ashok Lavasa.

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First Published: Dec 16 2016 | 11:12 PM IST

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