New Delhi, Jul 13: The Income Tax Department has detected "concealment" of Rs 880 crore income after it surveyed the Bengaluru premises of a leading manpower service providing company, the CBDT said on Tuesday.
The identity of the company was not available immediately.
The survey was carried out on July 8 at two premises of the company.
"The assessee has been claiming huge deduction under section 80JJAA of the Income-tax Act, 1961 which incentivises new employment generation, subject to fulfilment of certain conditions such as emoluments paid to the employee which should be less than Rs 25,000 per month and number of days of employment etc."
"Overall, the survey has resulted in detection of concealment of income to the tune of Rs 880 crore spread over various assessment years," the CBDT said in a statement issued here.
The Central Board of Direct Taxes (CBDT) frames policy for the tax department.
It said the survey operation, a surprise action where the taxman visits only the business premises of an assessee, found that "even though the emoluments of new employees added were more than Rs 25,000 per month, the assessee has been wrongfully claiming deduction under section 80JJAA by excluding certain components of emoluments of such employees to fit into the eligible emoluments limit".
The CBDT claimed it was found that "deduction under section 80JJAA has been claimed in subsequent years, even though certain eligible employees were no longer on the payroll of the assessee."
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Chennai/New Delhi: The Bharatiya Janata Party has released its list of 27 candidates for the upcoming Tamil Nadu Assembly elections, triggering political discussion after the absence of former state president K Annamalai from the roster.
Despite being widely seen as the party’s most prominent face in the state and a key figure in its southern expansion strategy, Annamalai was not fielded in the list. Senior leaders, including Tamilisai Soundararajan from Mylapore, Vanathi Srinivasan from Coimbatore North, and Union Minister L. Murugan from Avinashi, have been nominated.
Responding to questions on the omission, Tamil Nadu BJP president Nainar Nagendran said the decision was taken by the party’s central leadership. He expressed confidence that all 27 candidates would emerge victorious in the polls.
Annamalai, a former IPS officer who joined the BJP in 2020 and rapidly rose to prominence, had earlier been replaced as state chief by Nagendran. Known for his aggressive political style and grassroots outreach, he has been instrumental in amplifying the party’s presence in Tamil Nadu, a state traditionally dominated by Dravidian parties.
In a message posted on X, Annamalai congratulated the candidates and reaffirmed his commitment to the party. He said he would campaign actively for BJP and NDA nominees, expressing confidence in the alliance securing a decisive mandate. He also criticised the ruling Dravida Munnetra Kazhagam government, calling it ineffective and self-serving.
The BJP is contesting the elections as part of the National Democratic Alliance led by the All India Anna Dravida Munnetra Kazhagam. Seat-sharing arrangements allocate 169 constituencies to the AIADMK, 27 to the BJP, 18 to the Pattali Makkal Katchi, 11 to the Amma Makkal Munnetra Kazhagam, five to the Tamil Maanila Congress, and one seat each to the Indhiya Jananayaga Katchi and Puratchi Bharatham.
Tamil Nadu will vote in a single phase on April 23 across all 234 constituencies, with counting scheduled for May 4. The primary contest is expected between the DMK-led alliance and the AIADMK-led NDA, although actor-turned-politician Vijay is also positioning himself as a potential challenger, raising the possibility of a multi-cornered contest.
