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Black money: SIT to reveal details of action taken against HSBC accounts to Supreme Court

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By NewsGram Staff Writer

To give the fresh details of action taken against the Black Money, the Special Investigation Team (SIT) is expected to file a new status report in Supreme Court in a few days.

SIT had started the exercise of compiling facts for the report and the final data is expected to include the action taken by the Income Tax department in connection with the 628 HSBC bank cases, a news agency quoted.

It is expected that the SIT may file a report within the first fortnight of this month in the apex court.

The figures related to revenue collated in the 2014-15 fiscal by various agencies will also be a part of the report.

Earlier, the SIT panel headed by (retd) M B Shah had held two meetings to prepare a comprehensive report.

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