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The Economic Times
The Economic Times
National

Rs 400 crore agricultural income but no land: CBDT digs up names of rich ‘farmers’ without farms

the Income Tax Department Income Tax

The Central Board of Direct Taxes (CBDT) has detected several cases in which taxpayers claimed exemption on agricultural income despite declaring no land holdings, according to a report by The Times of India.

Using data analytics tools, tax authorities identified more than 300 suspicious cases where individuals claimed tax-exempt agricultural income ranging from Rs 50 lakh to as high as Rs 400 crore, even though the size of land declared by them was shown as zero.

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