Taxman smells a scam in dubious agricultural income declaration

  • Posted on March 6, 2025
  • By Business News Today
  • 6 Views
Taxman smells a scam in dubious agricultural income declaration

A nationwide probe by the income tax department is investigating entities declaring agricultural income of ₹50 lakh or more without owning any land. Cases of unrealistic farm income per acre are also being scrutinized for tax evasion, with potential penalties for wrongful claims.
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Business News Today

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