Cracking Demonetisation related Frauds: Inputs

As identified by many of you in different circles, various kinds of old to new currency conversions are taking place. Brokers, agents of all kinds have emerged and many are taking hefty commissions from common citizens. Some petrol pumps are also helping convert black money. In some other cases, bank accounts are being misused used.

With this post, we would like to seek your inputs on how tax authorities and local district administration/police should be working together and crack these fraudulent transactions.

We look forward to your inputs! more  

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As per press release by CBDT DT 17-11-2016 QUOTING OF PAN IS MANDATORY FOROPENING AN ACCOUNT WITH A BANK OR COP BANK OTHER THAN JANDHAN ACCOUNT. BUT THE PROFESSIONAL BANKERS ARE FLOATING THIS.. COMPUTER SYSTEM CHECK SHOULD MADE ACTIVE IMMEDIATELY. AND TAKEACTION AGAIST THE ERRING OFFICIALS On Sun, Nov 27, 2016 at 10:08 PM, Narayanan p wrote: > some bank branches may have exchanged notes in norther part of kerala > dist.cross checking is essential . > violaters to be booked > > On Wed, Nov 23, 2016 at 11:12 PM, Narayanan p > wrote: > >> As per RBI directive 500 notes to be distributed through ATM only >> But some bankers deviated it in utter violation of the directives ???? >> Notes spend through ATM can be checked with total disbursement >> >> >> On Wed, Nov 23, 2016 at 9:18 AM, Narayanan p >> wrote: >> >>> some vendors are even now accepting 1000/500 notes for not to lost the >>> business >>> BUSINESS MEN IS NOT SUPPOSE TO RECEIVE AND REMIT AFTER11-11-16 >>> SOME PEOPLE ARE GIVING 1LAKG/2LAK INTEREST FREE LOANS FOR 1 YEAR >>> INDIVIDUAL ACCOUNTS-BUSINESS ACCOUNTS ARE DIFFERENT REMITTANCE >>> TO BE LOOKED IN THAT ANGLE. >>> UN AUTHENTICATED NEWS THAT ONE COMMUNITY GIVEN INSTRUCTION NOT TO >>> BURN/TORN NOTES INSTEAD GIVE TO THE >>> CLERICS FOR DISTRIBUTION >>> >>> On Mon, Nov 21, 2016 at 11:21 AM, LocalCircles Manager < >>> support@localcirclesmail.com> wrote: >>> >>>> more  
some bank branches may have exchanged notes in norther part of kerala dist.cross checking is essential . violaters to be booked On Wed, Nov 23, 2016 at 11:12 PM, Narayanan p wrote: > As per RBI directive 500 notes to be distributed through ATM only > But some bankers deviated it in utter violation of the directives ???? > Notes spend through ATM can be checked with total disbursement > > > On Wed, Nov 23, 2016 at 9:18 AM, Narayanan p > wrote: > >> some vendors are even now accepting 1000/500 notes for not to lost the >> business >> BUSINESS MEN IS NOT SUPPOSE TO RECEIVE AND REMIT AFTER11-11-16 >> SOME PEOPLE ARE GIVING 1LAKG/2LAK INTEREST FREE LOANS FOR 1 YEAR >> INDIVIDUAL ACCOUNTS-BUSINESS ACCOUNTS ARE DIFFERENT REMITTANCE >> TO BE LOOKED IN THAT ANGLE. >> UN AUTHENTICATED NEWS THAT ONE COMMUNITY GIVEN INSTRUCTION NOT TO >> BURN/TORN NOTES INSTEAD GIVE TO THE >> CLERICS FOR DISTRIBUTION >> >> On Mon, Nov 21, 2016 at 11:21 AM, LocalCircles Manager < >> support@localcirclesmail.com> wrote: >> >>> more  
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The demonetization was a well thought plan to kill poor people and small traders and for converting black money of all the political parties and so many white coat wearing men. The country has been plundered with this Tughalaki decision. Only God can help now. more  
Today , FIFTY lakhs worth 1000 notes brought from Chennai were Seized in Rajamundry A.P. This , from a different State , must be of a Team for encashing even for FERTILIZERS or any Dues through interest free lending . Every day , TWENTY lakhs to 54 lakhs are being Seized . Now after , it becomes the issue of Fertilizer Scam please . more  
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