Over 15 lakh revised ITRs filed for current AY: CBDTMore than 15 lakh taxpayers have revised their income tax returns for assessment year 2025-26. The Income Tax Department initiated a NUDGE ...
23 Dec, 2025, 07.50 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
CBDT flags bogus claims on political and charitable donationsThe Central Board of Direct Taxes has uncovered significant misuse of tax deductions for political and charitable donations. A campaign has...
14 Dec, 2025, 05.30 AM IST
Bogus deduction claims: I-T searches 150 sitesThe Income Tax Department executed a nationwide search across 150 locations, targeting entities suspected of claiming fraudulent tax deduct...
14 Jul, 2025, 11.50 PM IST
Used donation to a political party for income tax deduction? IT dept is sending warning SMS; if it was a mistake file ITR-U by March 31, 2025Warning for political party donations: The Income Tax Dept is sending SMS to taxpayers who donated to political parties and had claimed sec...
29 Jan, 2025, 11.13 PM IST
Making exaggerated, bogus claims to get refunds punishable offence: I-T DepartmentThe Income Tax Department urged taxpayers to file accurate returns and avoid false claims for deductions or expenses to ensure timely refun...
28 Jul, 2024, 03.39 PM IST
GST officers detect over 29,000 bogus firms involved in fake ITC claims of Rs 44,000 crTo curb fraud in Goods and Services Tax (GST) and increase compliance, the GST formations, under the Central Board of Indirect Taxes and Cu...
07 Jan, 2024, 08.28 PM IST
Income Tax raids across India to curb bogus political donationsOver a thousand income tax officials were involved in the raids that covered more than 20 registered unrecognised political parties suspect...
08 Sep, 2022, 10.38 AM IST
GST fraud of Rs 940 cr busted, 340 bogus firms under lensWith the arrest of six persons, including the kingpin, Delhi Police's Cyber Crime Unit (CyPAD) has busted a GST refund scam involving fake ...
01 Feb, 2021, 09.43 AM IST
Infosys, Vodafone & IBM employees in income tax net for fudging claimsEmployees of over 50 prominent and medium-sized companies in Bengaluru are under the scanner of the Income Tax department.
25 Jan, 2018, 07.22 PM IST
I-T department failed to unearth black money despite informationAround 2,059 dealers issued invoices involving tax evasion of more than Rs 10,640 crore including maximum VAT of 12.5 per cent in Maharasht...
16 Mar, 2017, 06.44 PM IST
Corporates rampantly using bogus bills to evade taxes: CBDT'We have verified bogus billing of Rs 7000 crore in Maharashtra. We expect the scale of the racket to be around Rs 25,000-Rs 30,000 crore.'
13 Mar, 2013, 08.24 PM IST
Mumbai taxmen unearth 189 returns with Rs 7,222cr fake billsI-T authorities in Mumbai said they have found over Rs 7,200 cr worth fake bills - from just 189 I-T returns - presented by assesses to sup...
08 Mar, 2013, 08.02 PM IST
- ‘Burglary’ at Bandra Income Tax office, but files safe
Asuspected burglary at the Income Tax office in the business district of Bandra has sent panic waves among senior officials.
15 Aug, 2012, 10.08 AM IST
- I-T dept hits upon bogus investment losses
Around Rs 1,000-cr taxes likely to have been evaded under fake stock contract notes.
01 Jan, 2010, 01.03 AM IST
- Real estate group in Rs 110.70-cr tax evasion
The Income-Tax Department here has unearthed tax evasion to the tune of Rs 110.70 crore.
15 Jul, 2008, 07.28 PM IST