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Employers told to analyse mismatches in salary filings
NEW DELHI: As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their salary related filings, while also looking to move against several cases of “swapping” of concessions after suspected irregularities were flagged and taxpayers updated or revised their returns.
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timesofindia.indiatimes.com
Employers told to analyse mismatches in salary filings
NEW DELHI: As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their salary related filings, while also looking to…
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economictimes.indiatimes.com
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what…
The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax liability. This involves manipulating…