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I-T detected Rs 13,715 cr undisclosed income in FY

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I-T detected Rs 13,715 cr undisclosed income in FY 
The inco­me-tax dep­a­rtment detected un­disclosed income of Rs 13,715 crore through surveys in 2016-17, minister of state for finance Santosh Kumar Gangwar informed Parliament on Tuesday.
Also, as many as 1.26 crore new taxpayers were added in the last financial year, he said in a written reply in the Rajya Sabha.
In the last financial year, the income-tax department conducted searches at 5,102 premises of 1,152 groups during which undisclosed income of Rs 15,496 crore was admitted. “During the same period, 12,526 surveys led to detection of undisclosed income of Rs 13,715 crore,” Gangwar said.
The minister said 1.96 crore income-tax returns were filed between November 9, 2016 and March 31, 2017, compared with 1.63 crore returns filed during the same period of 2015-16.
In a separate reply, Gangwar said during phase one of ‘operation clean money’, launched on January 31, about 1.8 million people were identified whose cash transactions did not match their tax profiles.
The Economic Times, New Delhi, 09th August 2017

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