Income Tax Dept to Scrutinize ‘High-Risk’ Refund Claims for AY 2024-25 under new SOP
The Income Tax Department introduced a new systematic process for refund claims focusing on preventing fraudulent claims
By Kavi Priya - On October 14, 2024 5:47 pm - 2 mins read
The Income Tax Department has initiated a thorough scrutiny process for “high-risk” income tax refund claims for the assessment year ( AY ) 2024-25, as part of a new standard operating procedure ( SOP ). This procedure aims to address the issue of fraudulent refund claims and ensure that refunds issued by the department are…
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