I-T department detects unaccounted assets worth over Rs 1,400 crore

 

RAAAS

NEW DELHI: Stepping up its effort to unearth black money, the Finance Ministry has detected unaccounted income and assets worth over Rs 1,400 crore during the first three months of this year.

The detection came to light after Financial Intelligence Unit (FIU), an agency tasked with analysing and disseminating information relating to dubious financial transactions, alerted Central Board of Direct Taxes (CBDT) about 32,000 suspicious banking transactions, official sources said.