New Delhi, July 14 -- Individuals filing their Income Tax Returns (ITR) should now be more aware and careful after the Income Tax Department on Monday, 14 July 2025, conducted a "large-scale" verification operation cracking down on individuals and entities facilitating fraudulent claims of deductions and exemptions in their filings, according to the official statement.
The tax department investigations revealed that the fraudulent filings involved abuse of beneficial provisions, with some even submitting false TDS returns to claim excessive refunds.
The authorities also reportedly uncovered 'organised rackets' operated by certain ITR preparers and intermediaries, who have been filing ITR claims with 'fictitious deductions and exemptions...
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