CBI to investigate unlawful claims to the tune of ₹3.42 crore in Madurai

The refund claims were in the names and accounts of employees working in government and private organisations; investigators suspect PAN cards of individuals were used without their knowledge

The Income Tax Department has detected a huge scam in refund claims to the tune of ₹3.42 crore in the names/accounts of employees working in government and private organisations, without their knowledge, by a private tax consultant. Acting on the instructions of the Principal Director of Income Tax (Investigation), the Deputy Director of Income Tax, Madurai, has lodged a complaint with the Central Bureau of Investigation (CBI) against K. Panchatcharam, proprietor of M/s Dhiraviam Tax Services, Ramanathapuram, an approved E-return Intermediary Authority, offering services such as e-filing TDS returns, Income Tax returns, rectification of TDS statements, PAN registration and GST allotment.