Tax Portal Glitch & ₹700 Cr Fake Refund Claims
The Income Tax Department is currently grappling with a dual challenge involving tax refunds, combining significant fraudulent claims with technical malfunctions. A major investigation has uncovered false income tax refund claims exceeding ₹700 crore for the financial years 2023-24 and 2024-25. The fraud was detected through sophisticated data analytics that identified the submission of forged documents, including fake medical bills and fraudulent donation receipts, to illegitimately claim refunds. This highlights a persistent issue of taxpayers making false claims during the ITR filing process.
