Tax dept’s AI tool ‘not meant’ for resolving political donation disputes

The Income Tax Department’s AI-powered tool, TaxAssist, is useful for responding to tax notices and correcting errors in simple cases, but experts caution that it’s not suitable for resolving complex disputes, such as those related to political donations. According to Surajkumar Shetty, partner at JSA Advocates and Solicitors, political donations are scrutinized to prevent fraudulent claims and misuse of tax benefits, and false claims can attract severe penalties. Taxpayers are advised to consult professionals for nuanced cases and maintain proper documentation, including receipts and bank statements, to claim tax benefits under Section 80GGC. Read Article