CBDT intensifies action against fake deduction claims

THE CENTRAL BOARD of Direct Taxes (CBDT) has intensified its crackdown on bogus tax deductions and exemptions by deploying a data-driven compliance strategy, with a special focus on fake donation claims made by taxpayers.

- FE BUREAU

Under this initiative, dubious claims of donations to political parties and charitable trusts have come under scrutiny, prompting many taxpayers to revise their income tax returns.