Madhya Pradesh: Whopping sum of Rs 1,00,10,000 mistakenly deposited in labourer's account

Demonetisation came up with its own pros and cons for the citizens of the country. In one of the incidents, a whopping sum of Rs 1,00,10,000 (one crore ten thousand) were deposited in a dormant account of a labourer at Khidiya branch of Bank of India in Hoshangabad district of Madhya Pradesh after demonetisation.

Bank officials quoted it as a clerical mistake.  Asaram Vishwakarma, the labourer, got to know about the mistakenly poured fortune in his account when he got an Income Tax notice dated November 30, seeking explanation.

Vishwakarma at first couldn’t understand the notice as it was written in English. A school teacher had translated it for him.

The notice sought information on financial transactions of Rs 1,00,10,000 between November 9, 2016 and November 17 without quoting his Permanent Account Number (PAN).

It was later made clear that Vishwakarma had deposited Rs 10,000, but by mistake a clerk made a wrong entry of Rs 1,00,10,000 in his account. The bank officials have informed the IT officials about the error. 

With Inputs from PTI