Income Tax Dept Picks 1.6 Lakh Returns for Scrutiny, Three Times Higher Than Usual

The Income Tax Department has reportedly picked 1.6 lakh returns for scrutiny, a figure three times higher than usual. This significant increase indicates a heightened focus on ensuring tax compliance and detecting potential irregularities. The selection of a larger number of returns for detailed examination suggests the use of advanced data analytics and risk assessment tools to identify high-risk cases. This move is aimed at broadening the tax base, improving revenue collection, and deterring tax evasion, signaling a more aggressive stance on tax enforcement.