NEW DELHI: The administration is required to reveal the names of near to 60 Indians and elements as it has as of late launched assessment avoidance arraignment processes against them as a component of its crackdown on dark cash accounts as reported in the HSBC bank's Geneva limb list.
Sources said that those against whom lawful activity has been started incorporate a few corporates, business houses and different people as the Income Tax office has finished its test and documented indictment protests against these elements, on the headings of the Special Investigation Team (SIT) constituted to handle dark cash and unlawful resources held by Indians abroad.
They said the aggregate sum in these records is assessed to be to the tune of Rs 1,500-1,600 crore.
Sources said the protestations, under I-T laws, have been recorded in different courts of the nation and examinations in these cases have been finished by the taxman as these cases will get "time banned" by March 31 after which any legitimate activity against them couldn't be done as the cases relate to the time of 2008-2009.
"The exposures of these names is a piece of the legislature's dedication to control instances of dark cash and of unlawful stores stashed abroad by Indians. The I-T office intends to get conviction in these cases quick," they said.
The SIT, headed by resigned Supreme Court Judge Justice M B Shah, had said in its last answer to the legislature and the Supreme Court in December 2014 that the dark cash holders names in HSBC Geneva rundown will be taken to their sensible decision so
