4-times more Income Tax Returns under scrutiny by IT Department
In a sweeping move to strengthen compliance and plug revenue leaks, the Income Tax Department has flagged approximately 1.65 lakh cases for scrutiny for the Assessment Year (AY) 2025, a major jump from previous years. This comes just ahead of the June 30 deadline for issuing notices for Income Tax Returns (ITRs) filed during FY 2024-25.