3,000 Tamil Nadu PSU Employees Caught Using Fake Bills for False ITR Claims
Chennai:
The Income Tax Department (I-T Department) has uncovered a massive tax fraud in Tamil Nadu, involving nearly 3,000 PSU employees who allegedly filed false Income Tax Returns (ITRs) using fake donation bills. These employees fraudulently claimed deductions under Section 80GGC, which provides tax benefits for donations made to political parties.
Investigations revealed that hundreds of employees submitted bogus receipts in the name of political parties to evade taxes. The I-T Department has launched an extensive scrutiny process to track the fraudulent claims and recover the lost revenue.
Key Findings in the I-T Investigation
✅ 3,000 PSU Employees Involved: Fake tax deduction claims under Section 80GGC.
✅ Bogus Receipts Used: Employees fabricated donation receipts in the name of political parties.
✅ Massive Tax Evasion: The scam has resulted in huge revenue losses for the government.
✅ Strict Action Expected: Authorities may initiate legal action and penalties against offenders.
Crackdown on Tax Evasion
The Income Tax Department is set to issue notices to the individuals involved, and strict action may be taken against those who intentionally falsified tax documents. The investigation is still ongoing, and more fraudulent cases may come to light.
Tax officials have also warned that misuse of Section 80GGC could lead to heavy fines, penalties, and legal consequences under the Income Tax Act.
