TODAY -
Salaried doctor donations, bogus manufacturers claim subsidy in NE India
Hindustan Times | Rahul Karmakar | Guwahati, February 22, 2012
The Northeast accounts for less than 1% of India’s income tax revenue. But it appears to have taken the lead in tax frauds by salaried employees through fake donations, bogus manufacturing by industrial units enjoying a slew of subsidies and misuse of exemption rules for scheduled tribes.
Officials at the regional income tax headquarters here said they have zeroed in on at least 100 government employees in Manipur who made false claims under section 80GGA (donation for scientific research and rural development) and 80G (donation to charitable institutions) under Income Tax Act of 1961. More cases in Manipur, Assam and other states in the region are under investigation.
The probe of accounts of tax-exempt communities was facilitated by a recent Gauhati high court directive that said income tax department could probe and issue summons to those falling in the ST category and residing in special areas. This followed a petition by a retired Nagaland officer who cited provisions under section 10(26) after crores of money was found deposited in his bank account on specific dates.
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* This Post is uploaded on February 22, 2012
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