Income Tax Department Crackdown on Bogus Deductions & Exemptions
🚨 Income Tax Department Crackdown on Bogus Deductions & Exemptions 🚨 The Income Tax Department has initiated a large-scale verification drive across India to detect and act against fraudulent claims in ITRs. The misuse of deductions under sections like 10(13A), 80C, 80D, 80G, 80EE, etc., often facilitated by intermediaries, is under scrutiny. Key highlights:✅ 40,000…

