https://www.taxtmi.com/news?id=13131 Irregular claiming of exemptions and tax concessions under the Income-tax Act is liable to be detected during return processing or scrutiny. Oversight depends on internal audits, C&AG audits and inspections/reviews by supervising authorities, but no centralized data is maintained on detected cases, actions taken or outcomes, limiting consolidated monitoring. en-us Fri, 18 Jul 2014 18:16:52 +0530 Fri, 18 Jul 2014 18:16:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13131 Irregular claiming of exemptions and tax concessions under the Income-tax Act is liable to be detected during return processing or scrutiny. Oversight depends on internal audits, C&AG audits and inspections/reviews by supervising authorities, but no centralized data is maintained on detected cases, actions taken or outcomes, limiting consolidated monitoring. News - Fri, 18 Jul 2014 18:16:52 +0530 https://www.taxtmi.com/news?id=13131