Cash deposited by the Central Government employees during demonetisation

Cash deposited by the Central Government employees during demonetisation

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS

LOK SABHA

UNSTARRED QUESTION NO: 3017

ANSWERED ON: 05.01.2018

Cash Deposited by Government Employees

RANJANBEN BHATT

Will the Minister of FINANCE be pleased to state:-

(a) whether the Government proposes to conduct/probe regarding the cash deposited by the Central Government employees during demonetisation and if so, the details thereof;

(b) whether the Government has taken any action in this regard so far;

(c) if so, the details thereof; and

(d) if not, the reasons therefor?

ANSWER

MINISTER OF STATE IN MINISTRY OF FINANCE

(SHRI PON. RADHAKRISHNAN)

(a) to (d): Income-tax Department (ITD) takes appropriate action in suitable cases, including the cases where cash deposits were made during demonetization. Such actions include searches, surveys, assessment of income, levy of tax, penalty and filing of prosecution complaints before criminal courts, whichever is applicable as per direct tax laws.

Source : LOKSABHA