Income tax department has identified 5.56 lakh persons whose cash deposits post note ban were found inconsistent with their tax profiles. <br/><br/>Finance Ministry said, another one lakh persons have been identified who did not disclose all bank accounts during e-verification in the first phase of Operation Clean Money. <br/><br/>In the first phase, around 18 lakh persons had been identified for e-verification of large cash deposits, of which 9.72 Lakh people had submitted online response. <br/><br/>Income Tax department had initiated Operation Clean Money on 31st of January for the e-verification of large cash deposits made during the period from 9th November to 30th December, 2016.

Income tax department has identified 5.56 lakh persons whose cash deposits post note ban were found inconsistent with their tax profiles. <br/><br/>Finance Ministry said, another one lakh persons have been identified who did not disclose all bank accounts during e-verification in the first phase of Operation Clean Money. <br/><br/>In the first phase, around 18 lakh persons had been identified for e-verification of large cash deposits, of which 9.72 Lakh people had submitted online response. <br/><br/>Income Tax department had initiated Operation Clean Money on 31st of January for the e-verification of large cash deposits made during the period from 9th November to 30th December, 2016.

Income tax department has identified 5.56 lakh persons whose cash deposits post note ban were found inconsistent with their tax profiles. <br/><br/>Finance Ministry said, another one lakh persons have been identified who did not disclose all bank accounts during e-verification in the first phase of Operation Clean Money. <br/><br/>In the first phase, around 18 lakh persons had been identified for e-verification of large cash deposits, of which 9.72 Lakh people had submitted online response. <br/><br/>Income Tax department had initiated Operation Clean Money on 31st of January for the e-verification of large cash deposits made during the period from 9th November to 30th December, 2016.