Massive Tax Refund Scam Busted: Income Tax Raids 18 Locations Across Tamil Nadu

A massive tax refund scam has been busted, with the Income Tax Department raiding 18 locations across Tamil Nadu. This large-scale fraud involved the filing of fabricated tax returns to claim illegitimate refunds, estimated to be around ₹500 crore. The investigation revealed that tax professionals and intermediaries facilitated thousands of taxpayers in falsely enhancing deductions under various sections (like 80GGC, 80D, 80C, 10(13A)). The raids underscore the department's intensified efforts to combat tax evasion and maintain the integrity of the tax system, uncovering widespread misuse of refund mechanisms.