An income tax survey in Gurgaon’s Badshahpur tehsil identified that a single fictitious Permanent Account Number (PAN), 'ABCDEF1234,' was used to register nearly 25,000 properties over the last two years, which shows a large-scale scam to hide high-value transactions from tax authorites, reports TOI’s Bagish Shah.
The Income Tax department’s directorate of intelligence and criminal investigation (I&CI), Chandigarh, had a seven-member team run a survey at the tehsil office on Thursday and was still examining registration records at the time of filing this report.
