Income Tax department launches nationwide verification to combat...

Dununu.com Dununu

Sponsor

Income Tax department launches nationwide verification to combat fraudulent claims in I-T returns

RSS Feed National

Posted

94

The income tax department has initiated a nationwide verification operation targeting fraudulent claims of deductions and exemptions in I-T returns. This action follows the discovery of organized rackets involving ITR preparers and intermediaries filing returns with fictitious deductions. The department is taking stern action, including penalties and prosecution, against those making fraudulent claims, with searches conducted across multiple states.

Read Full Article

Please log in to like, share and comment!

India-US trade: India’s exports to US jump 23% in June as imports fall 10%; China trade also expands

India's exports to the US witnessed a significant surge of 23.53% in June, reaching $8.3 billion,...

By 0 1

PM Oli says Korala border point with China set for full operation

KATHMANDU: Prime Minister KP Sharma Oli has announced that preparations are underway to fully...

By 0 4

US Education in the Trump 2.0: A timeline of what changed in just 6 months

By 0 8

Priyadarshan announces Haiwaan with Akshay and Saif

Filmmaker Priyadarshan has officially confirmed his next project, Haiwaan, featuring Akshay Kumar...

By 0 9

David Dhawan recalls Sushmita making Katrina 'comfortable'

David Dhawan reminisces about directing Maine Pyaar Kyun Kiya as the film marks its 20th...

By 0 9