‘Over 90k salaried wrongly claimed Rs 1000 crore tax benefits’
New Delhi: About 90,000 salaried individuals from both public sector undertakings and private sector companies have withdrawn ₹1,070 crore by way of tax deductions based on incorrect claims, as of December 31, 2024, said people familiar with the matter. It came to light following an investigation by the Income Tax Department, which discovered incorrect deductions … Read more