Tech flaws in I-T system target honest taxpayers, miss real evaders

The DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments

My friend Milind called in a panic after receiving a notice from the Income-Tax (I-T) Department. It asked him to explain the source of a fixed deposit worth a couple of crore, made in July 2021, as his declared income for 2021-22 was only in single-digit lakh. This implied the deposit came from unaccounted income.
 

Another friend Subhas received a notice for spending Rs 25 lakh on a foreign tour in 2023, when his declared income for the year was around Rs 10 lakh. 
 

A third friend Nitya was also asked to explain the source of her