
The Income Tax Department has launched a massive crackdown on fraudulent ITR refund claims facilitated by certain chartered accountants and intermediaries. These professionals have been found running organised rackets that lure taxpayers with promises of inflated refunds in exchange for hefty commissions.
The Income Tax Department has started cracking down on certain chartered accountants (CAs) and related professional intermediaries who have been found involved in helping taxpayers claim fake tax deductions and exemptions. Reports suggest that income tax authorities have continued to conduct raids on multiple locations in the country related to income tax return (ITR) preparers and entities.
🧾 Summary Table
Feature | Details |
---|---|
Scam Value Detected | ₹1,045 crore bogus refund claims |
Taxpayers Involved | ~40,000 who withdrew false claims |
Key Deduction Sections Misused | 10(13A), 80C, 80D, 80E/EE/EEB, 80G, 80GGC, 80GGA, 80DDB |
Modus Operandi | Fake CAs/agents, bulk ITR filing via temporary emails, inflated claims |
Government Tools Used | AI/data analytics, IP tracking, outreach via SMS/email |
Regions Affected | Maharashtra, TN, Delhi, Gujarat, Punjab, MP, others |
Consequences | Notices, penalties, blocked refunds, prosecution |