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CAG report raises red flags over income tax department's handling of arrears and outstanding demands

IndiaTimes Wednesday, 18 December 2024
A Comptroller and Auditor General (CAG) report revealed significant flaws in the Income Tax department's functioning, including non-sharing of data, exaggerated tax demands, and delays in implementing appeal orders. The report highlighted a massive Rs 14.41 lakh crore outstanding tax demand, with 73% under dispute, and systemic issues hindering recovery efforts.
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CAG flags ‘embezzlement risk’ in Bihar: Where is Rs 70,877 crore? Report says no assurance funds used for intended purpose

 The findings were part of the CAG’s report on State Finances for the year 2023–24, which was tabled in the state assembly on Thursday.
IndiaTimes

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