As part of all India drive to keep a check on black money, illegal transactions and money laundering, income tax (I-T) department has issued notices to around 1,100 cooperative banks and credit societies in the state. According to sources, I-T department has asked all the customers of the cooperative banks who have cash deposits over Rs 5 lakh to furnish the details of the amount. Also, if the customer has received Rs 10,000 or more in interest from the bank, ..........
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