The Centre, scrutinising the deposits post demonetisation, has reportedly found that an estimated Rs 3-4 lakh crore deposits could be tax-evaded income. Reportedly, the Income Tax Department was asked to analyse the deposits and send notices to depositors of 3-4 lakh tax-evaded income. A senior official reportedly said more than Rs 2 lakh was deposited in over 60 lakh bank accounts amounting to Rs 7.34 lakh crore post demonetisation.

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