Suspicious income tax refund claims under I-T Dept scanner

Suspicious income tax refund claims have gone up in last three years and scrutiny assessments have been initiated against taxpayers claiming high refunds inconsistent with the pattern of income and investments, Parliament was informed Tuesday.

Minister of State for Finance Shiv Pratap Shukla in a written reply to a question in Rajya Sabha said there has been an increase in detection of suspicious refund claims.

The number of suspicious refund claims selected for scrutiny stood at 20,874 in 2018-19, 11,059 in 2017-18 and 9,856 in 2016-17.

Source:https://www.moneycontrol.com/news/india/suspicious-income-tax-refund-claims-under-i-t-dept-scanner-3524371.html/amp

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