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Mar 15, 2025
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I-T Department digs deep, explores unusual sources for info gathering
Tax authorities are going to unprecedented levels in using the provision of the law that allows it to collect information from different places - and not just the people who pay taxes.
It is happening across businesses and states, with the taxman snooping around for transaction details with organisations in financial services, hospitality, healthcare, real estate, manufacturing, and those linked to telecom and direct-to-home services.
The aim is to collect evidence of tax evasion, misreporting, and racketeering by verifying various dealing records with the claims made by individuals and entities, under the scrutiny of the I-T Department.
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