New Delhi, Feb. 18 -- The Income Tax (I-T) department has reportedly found Rs.22,000 crore during a drive against foreign assets, reported Economic Times.

This was part of a drive launched last November based on the information received under bilateral and multilateral agreements and foreign remittance data.

The income tax department has said that it has identified people with undisclosed foreign accounts or assets or foreign sourced income and sent notices to taxpayers who had filed their income tax returns without declaring these assets or income such as land and dividends.

This was a very successful drive and taxpayers revealed foreign assets and income worth Rs.22,000 crore and what was heartening was that many taxpayers themselves...