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Over 50 Lakh ITRs Revised After Tax Department Flags Bogus Deduction Claims, Refunds Drop by Rs 2000 Crore

Last updated: 17 March 2026

More than five million Income Tax Returns (ITRs) were revised last year after the Income Tax Department flagged incorrect or bogus deduction claims, leading to a reduction of nearly Rs 2,000 crore in refund claims, according to Ravi Agrawal, chairman of the Central Board of Direct Taxes. The inform

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Category Income Tax   Report

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