https://www.taxtmi.com/news?id=49376 Income tax authorities uncovered organised schemes by ITR preparers and intermediaries filing fictitious deduction and exemption claims, supported by false TDS returns. Using third party financial data, ground intelligence and AI analysis, and supported by search-and-seizure actions, the Department is conducting verification exercises to gather digital evidence, pushing voluntary return revisions through outreach while preparing enforcement measures including penalties and prosecution to hold perpetrators and affected filers accountable. en-us Mon, 14 Jul 2025 18:12:15 +0530 Mon, 14 Jul 2025 18:12:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49376 Income tax authorities uncovered organised schemes by ITR preparers and intermediaries filing fictitious deduction and exemption claims, supported by false TDS returns. Using third party financial data, ground intelligence and AI analysis, and supported by search-and-seizure actions, the Department is conducting verification exercises to gather digital evidence, pushing voluntary return revisions through outreach while preparing enforcement measures including penalties and prosecution to hold perpetrators and affected filers accountable. News - Mon, 14 Jul 2025 18:12:15 +0530 https://www.taxtmi.com/news?id=49376