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I-T dept launches crackdown against fraudulent claims of deductions
The New Indian Express Mangaluru
|July 15, 2025
IN a massive crackdown against fraudulent claims of deductions and exemptions, the income tax department on Monday raided, in a coordinated manner, 150 premises of entities across states facilitating such deductions, especially against donations to political parties and charitable trusts.
The department on Monday said that the raids were conducted after a detailed analysis of the misuse of tax benefits under the Income-tax Act, 1961, often in collusion with professional intermediaries.
Investigations have uncovered organised rackets operated by certain entities and intermediaries which help filing ITR claiming fictitious deductions and exemptions, claims the tax department.
Diese Geschichte stammt aus der July 15, 2025-Ausgabe von The New Indian Express Mangaluru.
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