𝐋𝐨𝐬𝐢𝐧𝐠 𝐜𝐥𝐢𝐞𝐧𝐭𝐬 𝐭𝐨 𝐭𝐚𝐱 𝐜𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐭𝐬 𝐰𝐡𝐨 𝐩𝐫𝐨𝐦𝐢𝐬𝐞 “𝐦𝐚𝐠𝐢𝐜 𝐫𝐞𝐟𝐮𝐧𝐝𝐬” 𝐛𝐲 𝐜𝐥𝐚𝐢𝐦𝐢𝐧𝐠 𝐟𝐚𝐤𝐞 𝐝𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬.

𝐋𝐨𝐬𝐢𝐧𝐠 𝐜𝐥𝐢𝐞𝐧𝐭𝐬 𝐭𝐨 𝐭𝐚𝐱 𝐜𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐭𝐬 𝐰𝐡𝐨 𝐩𝐫𝐨𝐦𝐢𝐬𝐞 “𝐦𝐚𝐠𝐢𝐜 𝐫𝐞𝐟𝐮𝐧𝐝𝐬” 𝐛𝐲 𝐜𝐥𝐚𝐢𝐦𝐢𝐧𝐠 𝐟𝐚𝐤𝐞 𝐝𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬.

One such case:

A client with short-term capital gains, opted for the new regime, doesn’t pay rent, has zero deductions — his genuine tax payable was ₹1 lakh.

𝑩𝒖𝒕 𝒉𝒆 𝒘𝒂𝒔 𝒍𝒖𝒓𝒆𝒅 𝒃𝒚 𝒂 𝒄𝒐𝒏𝒔𝒖𝒍𝒕𝒂𝒏𝒕 𝒘𝒉𝒐 𝒎𝒂𝒏𝒊𝒑𝒖𝒍𝒂𝒕𝒆𝒅 𝒉𝒊𝒔 𝒓𝒆𝒕𝒖𝒓𝒏 𝒂𝒏𝒅 𝒄𝒍𝒂𝒊𝒎𝒆𝒅 𝒂 𝒓𝒆𝒇𝒖𝒏𝒅 𝒐𝒇 ₹2 𝒕𝒐 2.5 𝒍𝒂𝒌𝒉!

👉 Don’t fall for such short-term happiness. The Income Tax Department is actively tracking such frauds.

Today’s refund can turn into tomorrow’s penalty, scrutiny & legal trouble.

✅ Be compliant. Pay what’s due — nothing more, nothing less.