NEW DELHI: After a sudden surge in deposits in Pradhan Mantri Jan-Dhan Yojana accounts showed up various inconsistencies, the government on Sunday again cautioned such account holders not to allow their deposits to be misused in the wake of the November 8 demonetisation move. "Investigation being conducted by the Income Tax Department across India into the sudden surge in cash deposits in Jan Dhan accounts have revealed various inconsistencies," a Union Finance Ministry release here said. "Undisclosed moneys of approximately Rs 1.64 crore deposited by persons who have never filed returns of income being below the taxable limits, into their Jan Dhan accounts have already been detected at Kolkata, Midnapore, Ara (Bihar), Kochi and Varanasi."Rs. "I want to tell holders of Jan Dhan accounts that they should not withdraw this money. I am trying to figure out how it (the money) can come to you," Modi said on Saturday at a public meeting in Moradabad, in Uttar Pradesh.Over 25 crore Jan Dhan accounts for financial inclusion have been opened in the country as on November 25 last.

Source: Economic Times December 04, 2016 14:24 UTC