Income Tax cracks down on bogus claims of deductions & exemptions claimed in ITR
July 14, 2025
Income Tax
Income Tax launched verification operation to investigate fraudulent claims of deductions and exemptions claimed in Income Tax Returns. Income Tax Department cracks down on bogus claims of deductions & exemptions. Investigations uncover organised rackets operated by certain ITR preparers and intermediaries filing returns, claiming fictitious deductions and exemptions …