Taxpayers can rectify their filing by revised IT returns before March 31: IT Dept

Taxpayers currently under investigation have a window to rectify their filings by submitting revised income tax returns before the deadline of March 31, 2025, said Income Tax Department, Tamilnadu 

Employees of various public sector undertakings(PSUs) and corporates have made fraudulent claims in their income tax returns (ITRs) and received huge refunds by evading income tax. Multiple rackets comprising of income tax practitioners (ITP), chartered accountants (CA), middlemen and employees have been busted by the Investigation Wing of the Income Tax Department, Tamil Nadu and Puducherry. During the enforcement actions conducted by the income tax sleuths across Tamil Nadu and in the districts bordering the neighbouring states, it is found that ITPs and CAs, along with certain intermediaries have facilitated tax frauds by generating bogus donation receipts, claiming false medical expenditure claims, fabricated rental agreements, and incorrect exempt allowances, said a press note from  Income Tax Department, Tamil Nadu. EOM