Finance Minister Arun Jailtey today said number of filing income tax return and tax collection have gone up post- demonetisation. <br/><br/>Launching the Operation Clean Money Portal of Income Tax Department in New Delhi, Mr Jaitley said, detection of tax evasion has become easy and it will no longer be safe for the people indulging in tax evasion. <br/><br/>He said, the Department has identified 18 lakh tax payers whose cash transaction made from 8th of November to 30th of December, 2016 during demonetisation period did not appear in line with their income profile. He said, about 91 lakh more income tax returns have been filed and the number of persons whose income profile do not match will increase further.<br/><br/>Mr Jaitley said, the Clean Money portal will provide information about user guides, frequently asked questions and training toolkits related to verification process. He said, the portal will provide more facility to the tax compliant. <br/><br/>Our correspondent reports that the operation clean money was launched by the Income Tax Department In January this year for e- verification of large cash deposits made during demonetisation period. <br/><br/>There has been encouraging response to the online verification process and large number of tax payers submitted their responses without visiting the Income Tax office. In addition to 18 lakh cases, 5.68 lakh new cases have also been identified for e- verification.

Finance Minister Arun Jailtey today said number of filing income tax return and tax collection have gone up post- demonetisation. <br/><br/>Launching the Operation Clean Money Portal of Income Tax Department in New Delhi, Mr Jaitley said, detection of tax evasion has become easy and it will no longer be safe for the people indulging in tax evasion. <br/><br/>He said, the Department has identified 18 lakh tax payers whose cash transaction made from 8th of November to 30th of December, 2016 during demonetisation period did not appear in line with their income profile. He said, about 91 lakh more income tax returns have been filed and the number of persons whose income profile do not match will increase further.<br/><br/>Mr Jaitley said, the Clean Money portal will provide information about user guides, frequently asked questions and training toolkits related to verification process. He said, the portal will provide more facility to the tax compliant. <br/><br/>Our correspondent reports that the operation clean money was launched by the Income Tax Department In January this year for e- verification of large cash deposits made during demonetisation period. <br/><br/>There has been encouraging response to the online verification process and large number of tax payers submitted their responses without visiting the Income Tax office. In addition to 18 lakh cases, 5.68 lakh new cases have also been identified for e- verification.