Information on cash transactions identified in the 2nd phase

CA Prakash (Chartered Accountant) (475 Points)

15 July 2017

Email communication received for cash transaction

Information on Cash Transactions identified in the 2nd phase of Operation Clean Money – ADXXXXXXXQ

Dear XXXXXXX,

Income-tax Department (ITD) has identified X accounts showing total cash deposits of Rs. xxxxxxx relating to you in the 2nd phase of Operation Clean Money.

ITD has enabled online verification of the cash transactions and there is no need to visit Income tax office for submission of response. The information in respect of these cases has been made available in the e-filing portal. Please submit your response by following the below steps.

Step 1: Login to e-filing portal at www.incometaxindiaefiling.gov.in
Step 2: Click on “Cash Transactions, 2016″ link under “Compliance” section.
Step 3: The details of transactions related to cash deposits during 9th Nov to 30th Dec 2016 will be displayed
Step 4: Submit your online response for each transaction.

For “Quick Reference Guide for Online Verification of Cash Deposits” click here.
For detailed “User Guide on Online Verification of Cash Deposits” click here.
Visit https://cleanmoney.gov.in/ for latest updates on Operation Clean Money.

Kindly submit your response within 10 days of this email.