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CAG pulls up I-T dept for not adopting uniform mechanism

It also noted that AOs were allowing or disallowing amounts pertaining to bogus transactions arbitrarily

Cag Report

Press Trust of India 

Gujarat fails to implement development work in planned manner: CAG

Apex auditor CAG on Tuesday pulled up the income tax department for not adopting a uniform approach to deal with cases of fictitious donations or bogus purchases causing revenue loss to the government. “The assessment officers (AOs) did not take cognisance of report of the investigation wing and failed to initiate necessary follow up actions by disallowing the amounts of the fictitious donations or bogus purchases, which resulted in the loss of revenue,” said a Comptroller and Auditor General (CAG) report tabled in Parliament.



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First Published: Wed, December 20 2017. 01:55 IST