Fake donations to parties, charities under tax lens

Fake donations to parties, charities under tax lens

Individuals are being scrutinized by the income tax department for fraudulent claims on donations, investments, and interest payments. Extensive searches revealed bogus donations to political parties and charities, as well as false claims on loans and house rent allowances. A new procedure is prompting taxpayers to revise returns or face penalties.

​Individuals are being scrutinized by the income tax department for fraudulent claims on donations, investments, and interest payments. Extensive searches revealed bogus donations to political parties and charities, as well as false claims on loans and house rent allowances. A new procedure is prompting taxpayers to revise returns or face penalties. 

See also  Interpol issues first-ever 'Silver Notice' to track laundered assets

suchi

Optimized by Optimole