The Income Tax Department has employed AI to investigate taxpayers returns, with fraudulent claims related to house rent and housing loan interest highlighted by the technology. CA have drawn attention to instances in which people falsely claim to live in rental properties owned by relatives while the actual income from rent goes unreported.
The Ahmedabad Municipal Corporation (AMC) decided to auction the properties to recover property tax dues that range from Rs 10.43 lakh to Rs 50 lakh. The auction will likely be held in the last week of July.
AMC revenue committee chairman Jainik Vakil said land owners are to pay property tax for open plots for the duration between grant of construction permission and completion of construction, but this is not paid in many cases.