Tax authorities are reportedly prepping up to send notices by May 31 in all cases of suspicious cash deposits during the demonetization period. This is said to be part of CBDT's interim action plan for the first quarter of 2018-19. The CBDT is said to have identified 22.69 lakh persons who deposited a total of Rs. 5.27 lakh crore of cash during demonetization but their tax profile was inconsistent with these transactions. Even though the total number of tax returns filed last fiscal also increased by 26 percent to 6.84 crores, the board plans to go after TDS (tax deducted at source) evaders in the first quarter of the fiscal 18. As part of its action plan, it has asked officers to collect all the pending TDS demand up to April 1. It has asked officers that at least 10 cases of TDS and TCS default should be processed for prosecution. "Processing of the TDS/TCS defaults for prosecution under section 276B/276BB in 10 cases already identified during 2017-18 and 2016-17," it said. The final action plan for the fiscal, which includes targets for revenue collection as well as key result areas for each of its tax divisions, will be finalized later in the year after the annual conference of income tax officers. For 2018-19, the Budget has targeted raising Rs. 11.5 lakh crore as direct taxes, compared to the Revised Estimate of 2017-18 of Rs. 10.05 lakh crore.