After 9 Nov 2016, I have redeemed equity Mutual funds units of value Rs. 25,00,000 and the same amount is deposited in my savings bank account which is linked to the trading account through RTGS and NEFT. After couple of days the for entire amount I have purchased liquid Mutual funds and the entire amount got debited from the bank account. Now the balance in the savings account is less than 2,50,000.
Whether IT department scrutinize the above transaction using termis and conditions which are applicabe during demonization period from Nov 9 to Dec 30 - 2016.