Slower tax refunds after ITR filing? IT dept detects false exemption claims of Rs 700cr

The Income-Tax Department is cracking down on fraudulent tax exemption claims, estimated at ₹700 crore, leading to potential refund delays, especially for claims over Rs 10 lakh. Discrepancies include fabricated medical expenses and false donations, primarily under the old tax framework….

Source: Times of India (https://timesofindia…)