Thegovernmenton Monday told the Lok Sabha that theincome tax departmenthasseized assetsof over Rs 8,800 crore during the 5,931 search operations conducted by it between 2014-15 and 2021-22.
648 disclosures involving undisclosed foreign assets worth Rs 4,164 crore were made under the one-time three months compliance window, which closed on 30 September. 2015. Penalty and tax from this added up to Rs 2,476 crore.