A special software which smartly tabulates large mathematical data, was used by the Income Tax Department to calculate the total value of declarations that were made under the one-time black money compliance window.
Sources privy to the late night operation at the designated I-T office here said as soon as the window closed at midnight on Thursday, the software was activated to get the total number of people who made declarations and the amount declared. The software has also indicated that the maximum number of declarations came from the western region of the country where large states like Maharashtra, Gujarat and Rajasthan are located.
“One of the single largest declarations is about Rs180 crore while a number of others are of a relatively smaller value ranging between Rs50 lakh and Rs5 crore,” they said.
The sources, however, said these figures are largely ‘tentative’ and a clear picture could be made out after sometime. “The figures are subject to reconciliation as the data was compiled for a quick assessment overnight,” they said.