I-T crackdown: 15 taxpayers from Gujarat under scanner

Time of India

a day ago

Ahmedabad: A total of 15 taxpayers from Gujarat are among those under the scanner by the Income Tax (I-T) department in their nationwide crackdown on individuals using bogus claims in their
income tax returns
(ITRs).
These persons and entities include four from Surat, three from Ahmedabad, two from Patan and one each from Rajkot, Vapi, Bharuch and Ankleshwar, among others, said senior I-T officials.
In a release issued by the Central Board of Direct Taxes (CBDT) on Monday, the officials indicated the initiation of a large-scale verification operation across multiple locations in Maharashtra, Tamil Nadu, Delhi, Gujarat, Punjab and Madhya Pradesh for individuals and entities facilitating fraudulent claims.
"To identify suspicious patterns, the department has leveraged financial data received from third-party sources, ground-level intelligence and advanced artificial intelligence tools. These findings are further substantiated by recent search and seizure operations conducted, where evidence of fraudulent claims was found to be used by various groups and entities," reads the release signed by V Rajitha, commissioner of income tax (media and technical policy) and official spokesperson for CBDT.
by Taboola
by Taboola
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The release indicated that those implicated include employees of MNCs, PSUs, govt bodies, academic institutions and entrepreneurs. "Taxpayers are often lured into these fraudulent schemes with promises of inflated refunds in return for a commission. Despite a fully e-enabled tax administration system, ineffective communication remains a significant hurdle in assisting taxpayers. It has been observed that such ITR preparers often create temporary email IDs solely for filing bulk returns, which are later abandoned, resulting in official notices going unread," the release states.
I-T officials said that about 40,000 taxpayers voluntarily withdrew claims amounting to Rs 1,045 crore in the past four months.
"The department is now poised to take stern action against continued fraudulent claims, including penalties and prosecution wherever applicable. The ongoing verification exercise across 150 premises is expected to yield crucial evidence, including digital records, that will aid in dismantling the networks behind these schemes and ensure accountability under the law," the release states.