Spending data helps taxman recover Rs 37,000 Cr from non-filers in 20 months

The Indian income tax department has recovered ₹37,000 crore over the last 20 months from individuals who failed to file returns despite having taxable income. Analysis of high-value transactions, like property and luxury purchases, revealed discrepancies. A stricter tax collection system aided in tracking these transactions, leading to recoveries, including ₹1,320 crore from those engaged in high-value deals.