ITR Refund: Fake Tax Deductions Under Scanner; Sections In Focus And What You Should Do
Last Updated:December 18, 2025, 2:23 pm IST Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR-U allows 5-year correction. What happens when you file wrong tax refund claims. (Representative image) Income Tax Refund 2025: In a widespread investigation, the income tax department has uncovered large-scale misuse…