Till now it was only the rich who were afraid of income-tax sleuths. With his tax deducted at source and having little scope to play with the figures, a salaried employee bothered little about tax department closing in on the evaders with latest technological means including robo audits and scanning of social media.
But not any longer. Now even the salaried employees will be under the sharp gaze of the tax sleuths. The income tax department has cautioned salaried taxpayers against using
How did the things change so drastically?
A few cases that came to light in January in Bengaluru alerted the income tax department to what seemed a pervasive trend. The department busted a racket of extracting fraudulent tax refunds by employees of several big companies such as IBM, Vodafone and InfosysNSE 0.61 % and Thomson Reuters in alleged connivance with a fake chartered accountant in Bengaluru. The investigation wing of the department conducted searches on the premises ..
