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CBDT pitches for oath on secret bank accounts
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In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the I-T department to obtain a signed undertaking from any government entity or department who demands the data for their own probe. The CBDT fears that if these names are leaked and they are publicised, global financial bodies and other tax exchange treaty countries will either stop or grow reluctant to share such data with India.



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