Many IT, govt employees in AP filed incorrect returns: I-T dept
A large number of government and tech company employees in Andhra Pradesh have claimed incorrect tax deductions and exemptions, the Income Tax department on Friday said. However, erring tax payers have been given a chance to file the correct returns.
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Amaravati A large number of government and tech company employees in Andhra Pradesh have claimed incorrect tax deductions and exemptions, the Income Tax department on Friday said. However, erring tax payers have been given a chance to file the correct returns.
As part of their investigation, the tax officials conducted field inquiries and came to know that gullible employees were lured to claim wrongful refunds by intermediaries and peers. “Many of the assesses work in government departments, PSUs and prestigious IT companies. It is also noticed that a large number of such tax payers work with companies based outside Andhra Pradesh and Telangana but have PAN based in Andhra Pradesh/Telangana,” said a statement issued here on Friday.
The Income Tax department’s surveys on consultants and intermediaries revealed incriminating evidence on these fraudulent practices. Many of them have admitted to claiming bogus deductions and getting substantial refunds for their clients for commission, the statement added.
