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LIVEMINT.COM · GLOBAL ·

Income Tax Dept flags ‘swapped’ deduction claims; 20,000 cases under lens

As reported by livemint.com
The Income Tax Department has identified around 15,000-20,000 cases in which taxpayers may have altered deductions or exemptions while filing revised or updated...
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The Income Tax Department has flagged approximately 15,000-20,000 cases where taxpayers are suspected of altering deduction or exemption claims. These alleged 'swapped' claims were identified during revised or updated tax filings. This move highlights heightened scrutiny by the…

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