“Taxpayers are informed that if they have availed of such bogus/non-genuine bills for purchases/expenses, they may come forward voluntarily and disclose the correct state of affairs by filing their returns/revised returns duly backed with payment of requisite taxes before specific detection by the department,” a statement issued by the I-T department said.
The department also found that defaulters have taken the help of a few hawala dealers (who use illegal channels to transfer money), to produce the fake bills. “The hawala dealers are being investigated and proper action will be taken against them,” a senior I-T official said. The department will rope in the Enforcement Directorate (ED) to take action against dealers.
In all, the VAT/sales tax department has come across 2,000 cases of tax evasion in the state. They shared the information with the I-T department, which then began a probe into the cases.
Officials said the government exchequer stands to get a few thousand crores if all defaulters come forth and pay the evaded tax. “This will help at a time when the economy is not doing well and the I-T department is likely to fall short of the collection target,” the official said.