Income Tax: Rise in suspicious refund claims ring alarm bells! What I-T department is planning to nail fraudsters
The Income Tax department has initiated scrutiny of as many as 20,874 refund claims for 2018-19 and action will be taken against persons found to be involved in any malpractices.
Shukla informed Parliament that the Income Tax department has also come up with certain risk parameters in its system that prevent refunds from being automatically cleared. Source - Reuters.