New Delhi, June 1 -- For a long time, people have been getting away with making inflated or false claims in their income tax returns (ITRs). Unless returns are picked up for post-filing scrutiny by officials, the income tax (I-T) department can do little to stop individuals from beating the system.
But this income tax season, this is going to change.
The I-T department is rolling out an integrated verification system designed to automatically cross-check information against multiple government databases at the time of ITR filing.
Imagine a taxpayer filling out inaccurate details of their investment claim-home loan details, house rent allowance (HRA), or insurance-the system will immediately throw up an error and prompt the taxpayer to ...
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