Searched for
FAKE DEDUCTION CASE
‘Exams khatam, tension nahi’: How CBSE reevaluation, blurred sheets and tech glitches created endless trouble for students this year- Millions of taxpayers hit with penalties for this one mistake the IRS says you are making
- Rs 7 lakh income, Rs 2 lakh donation to a political party: How fake contributions led to Section 80GGC tax deduction claim rejection
- Rs 27K income tax liability became Rs 9.44 lakh: Pune taxpayer claims fake deductions of Rs 10.65 lakh; taxman imposes 200% penalty; ITAT upholds fineA Pune taxpayer faces a hefty Rs 9.44 lakh penalty for misreporting Rs 10.65 lakh in deductions, including fake claims for political donati...23 Feb, 2026, 03.05 PM IST
- Income tax refund with wrong claims: Up to 200% penalty, criminal action for wrong tax refund claim; check exactly what will happenThe Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, leading to ille...17 Dec, 2025, 02.15 PM IST
- Income Tax Department cracks down on taxpayers claiming refunds against donations to fake political parties, charitiesThe Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed intermediaries...15 Dec, 2025, 06.19 PM IST
- GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, total 3,558 fake firms uncoveredGST officers uncovered a significant surge in fake input tax credit (ITC) claims, reaching Rs 15,851 crore in the first quarter of FY26, a ...20 Jul, 2025, 11.01 AM IST
- Manipulated again: I-T busts fresh fraud in political donation tax deduction claimsThe Income Tax Department is cracking down on fraudulent tax deductions, revealing manipulation even after taxpayers were given a chance to...19 Jul, 2025, 01.06 PM IST
- Central, state GST officers detect 25,009 fake firms fraudulently passing Rs 61,545 cr ITC in FY25Central and state GST officers uncovered 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth Rs 61,545 crore du...21 Apr, 2025, 03.36 PM IST
- How to file ITR for FY23-24: Claim deductions, exemptions carefully while filing income tax return or you may end up in jailTwo out of three respondents in our survey believed honest people pay more tax, while one out of five respondents felt that the tax authori...08 Jul, 2024, 12.50 PM IST
- Claiming fake deductions, rent receipts while filing your ITR can lead to heavy penaltiesIt is important for individuals to ensure that they have proofs and required documents for all the deductions and tax exemptions claimed wh...10 Aug, 2023, 04.50 PM IST
- Salaried getting income tax notices for deductions of FY21-22 ITR: Watchouts for current ITRSalaried individuals have come under income tax department's scanner for making fake deductions claims in the income tax returns filed last...28 Jul, 2023, 10.43 AM IST
- Income Tax department sends notices over donations to charitable trustsThe I-T Dept has issued notices to around 8,000 taxpayers on account of them making large donations to charitable trusts, which are believe...18 Apr, 2023, 05.37 PM IST
- One arrested in connection with fake GST invoices worth Rs 72 croreFake e-way bills were generated for several vehicle numbers, bogus invoices were received by the accused from the operator of fake firms fo...07 Mar, 2020, 10.12 PM IST
- Submitting fake bills to lower your tax liability? Tax department has ways to catch youWhile submitting proof for reimbursements make sure it is real and not fake as that would get you in serious trouble with the tax departmen...21 Jan, 2019, 02.53 PM IST
- How a Bengaluru case turned the Income-Tax Department's gaze on India's salaried classSalaried employees so far had bothered little about income tax department closing in on the evaders. But not any longer. The scenario has c...20 Apr, 2018, 10.42 AM IST
- Firms providing fake invoices now under taxmen's lensTax officials have questioned these firms – or entry operators, as they are known – over the past two months, said a person familiar with t...28 Sep, 2017, 10.44 AM IST
- CBI files FIR against scamsters filing returns under fake TDSThe deduction was also mentioned in the forms issued to the taxpayers on the basis of which they claimed tax refunds from the income tax de...26 Apr, 2017, 05.44 PM IST
- Budget 2017 proposes to slash tax benefit on cash donations to religious entities, notified fundsThe government notifies separate lists of institutions/funds donations to which would be eligible for 100% or 50% deductions with or withou...04 Feb, 2017, 11.02 AM IST
- How to guard against these 5 tax evasion practicesAccepting cash or repayment of loans from friends and family in cash for amounts higher than Rs 50,000 and not reporting it is also evasion.30 Mar, 2015, 10.11 AM IST
Load More
