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Bloomberg Quint

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Image Credit: Bloomberg Quint

Income Tax Department Probes False Deductions Of Political Donations

  • The Income Tax Department is conducting raids at over 200 locations across India in connection with false deductions of political donations.
  • Several intermediaries were found to have claimed bogus bills under Section 80GGC of the Income Tax Act, which allows deductions for donations to political parties.
  • The searches are also related to bogus medical expenses and tuition fees, as reported by ANI.
  • This is a developing story with more updates expected to follow.

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