Three Income Tax Employees Siphoned Off Crores Through Fictitious TDS Refunds

These refunds were reported to be on AST (Assessment Information System), an old system, and not on ITBA (lncome Tax Business Application) on which the process has now been shifted since 2016.

‘Out of the total amount siphoned off, nearly Rs 35 lakh was deposited back to government accounts by the accused officials as taxes against demand Rs 22 lakh was recovered by assessing officers by way of coercive actions against the beneficiaries,’ it alleged.