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Junked notes News

26 Jan 2017

Demonetisation: Private entities to analyse data vis-a-vis ITR, TDS

With an estimated Rs 15 lakh crore in junked notes back in the banking system post demonetisation, the Income Tax department has started the process of engaging private entities to match the data with I-T return or other information of assessees.

05 Jan 2017

Have 97% of demonetised notes returned to banks? RBI says estimates may be incorrect

Both the government and the RBI are yet to come out with the official statement on how much have been deposited in various banks at the end December 30, the last date for depositing and exchange of junked Rs 500/1000 notes.

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