Rs 2 lakh crore black money declared by Mumbai family under probe: Centre
A Mumbai family's declaration of Rs 2 lakh crore income has been rejected and investigations in the matter are on, the Union Finance Ministry said. The Ministry said the declaration was rejected as it was suspicious in nature, being filed by persons of small means. The investigation revealed that family was not living in the address which they claimed in Income Tax disclosure as Bandra. The neighbours said that room was locked for more than 2 years and no person in the family came in contact with them.