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I-T Dept flags up to 20,000 ITRs for 'swapped provisions': Report
short by Mansi Agarwal / on Tuesday, 30 June, 2026
The Income Tax Department has identified 15,000-20,000 cases where individuals allegedly used a "swapped provisions" trick to reduce their tax liability, TOI reported. The practice involves withdrawing one exemption claimed in the original ITR and replacing it with another in a revised return. "The issue is...claiming a tax benefit without satisfying the eligibility conditions," an expert said.
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