*) India ( New Delhi ): Income Tax analyst following details of blackmoney hole up overseas by Indians have certainly been able to prevent the Swiss secrecy code by requesting more than 100 such account owners to disclose on their own data of personal balances in these banks, deliver beneath the tax net freshly, for minor disciplinary process for escape.

The tax result in these cases could be about Rs 50-80 crore, according to authority. confront by non-cooperation from Switzerland unpaid to the alpine nation's "domestic legal barriers" and "treaty limitations", the Finance Ministry's inquiry team beneath the Central Board of Direct Taxes (CBDT) faced the people who were named in the hidden list of not less than 2 Swiss banks that was offered to them "over both authorized and unauthorized route" amid the previous financial year, the authority added.