Infosys, IBM employees involved in tax refund scam busted
The Income Tax Department has busted a racket involving various employees and a chartered accountant who allegedly claimed fraudulent tax refunds amounting to â¹18 crore. The department claimed to have seized bogus claim documents of the CA's clients, who came from companies like IBM, Vodafone, and Infosys. Many employees blamed the CA who promised refunds, the department said.