Demonetisation mishap: 1.8 mn people affected as I-T Dept mixes up data

I-T department detected over 10 mn accounts where cash deposits exceeded Rs 2 lakh after note ban

Did you receive a false tax notice for depositing more than Rs 2 lakh in banks post-November 8? This is because an error occurred in 1.8 million communications sent by the Income Tax (I-T) department for cash deposits made post demonetisation.

Labelled 'Operation Clean Money', the I-T department has uploaded the first set of data on its electronic filing portal which received several responses from taxpayers through the e-filling window. 

If an individual’s name is mentioned under the portal’s ‘Cash transactions 2016’ category, the concerned person will have to submit an online clarification within 10 days on