I-T dept conducts raids in bogus tax deductions case

New Delhi, Jul 14: The Income-Tax Department on Monday launched multi-city raids as part of a tax evasion probe against those entities which assist certain individuals avail bogus deductions in their returns by claiming a variety of exemptions, official sources said.

Advertisement

They said false deductions claimed by persons in lieu of making political donations to registered or unregistered political parties, payment of medical insurance, tuition fee and certain category of loans are among those cases which are being investigated as part of these raids.

Certain individuals and their tax advisors like filers and accountants, who help them claim bogus exemptions, are being searched as part of the operation, they said.

advertisement

The action was taken after it was found that certain taxpayers have not filed their updated correct ITRs (Income Tax Returns) even after the tax department approaching them under the NUDGE (Non-intrusive Usage of Data to Guide and Enable) campaign which has a philosophy of ‘trust taxpayers first’, they said. (PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

New Integrated Block Complex ushers in modern administration for Rongara

Baghmara, Sept 10: Rongara C&RD Block in South Garo...

CM-Connect: Rongara residents air long-pending concerns to Chief Minister

Rongara, Sept 10: Chief Minister Conrad K. Sangma held...

Houthi rebels reach strategic port city in Yemen, other Mideast developments

Dubai, Sep 10: Iranian-backed Houthi rebels have entered Yemen's...

Rashtrapati Bhavan, Amrit Udyan closed to public from Sep 11-13

New Delhi, Sep 10: Visits to Rashtrapati Bhavan, Rashtrapati...

International flights not to face landing charges at Navi Mumbai airport for a year

Mumbai, Sep 10: Airport tariff regulator AERA has waived...

Bangladesh: Jailed Hindu rights leader granted parole to attend mother’s funeral

Dhaka, Sep 10: Bangladesh authorities on Thursday granted five-hour...
spot_img

Related Articles

Popular Categories