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4,313 cr black money detected in 1,061 raids: I-T dept

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About Rs.4,313 crore of stashed income has been detected by the Income Tax department after conducting over 1,000 raids and survey operations as part of its country-wide operations against black money hoarders post demonetisation. Official sources said the taxman has detected a total of Rs.4,313.79 crore undisclosed income and seized cash and jewellery worth Rs.554.6 crore as part of these operations, as per the data updated till Thursday.
Business Standard New Delhi,31st December 2016

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