A seven-member Income Tax Department team is examining thousands of Badshahpur property transactions after officials identified major reporting discrepancies involving deals worth up to Rs 55,000 crore.
An Income Tax Department survey in Gurugram has uncovered what officials described as major gaps in the reporting of property registrations in Badshahpur tehsil, where records linked to roughly 25,000 transactions are now under examination. According to reports by ABP News and The Tribune, investigators found that a single Permanent Account Number, or PAN, appeared to have been used repeatedly in registrations over the past two years, raising questions about how the transactions were logged and verified.
The department has formed a seven-member team under its director of investigation and criminal intelligence in Chandigarh to examine the records in detail, the reports said. Officials quoted by ABP News said the scrutiny had already flagged irregularities tied to transactions worth about Rs 55,000 crore, while The Tribune reported that details for roughly 12,000 properties, worth around Rs 15,000 crore, had not reached the tax department at all.
Hindustan Times said the wider survey found more than 35,000 property deals worth over Rs 55,000 crore either had not been reported or had been reported incorrectly to the tax authorities. The newspaper reported that the department’s focus is on compliance failures in the filing of Statements of Financial Transactions, which are meant to capture specified high-value property deals. It also said officials have clarified that the Rs 55,000 crore figure reflects the total value of transactions affected by reporting lapses, not a direct estimate of tax evasion.
The probe has also widened into the role of local revenue officials, including tehsildars and naib tehsildars, who are responsible for reporting such transactions. The Tribune reported that the Haryana government has submitted data up to May 2026, but the department has expressed concern about its completeness. A senior administrative officer quoted by the paper questioned whether one PAN could really have been used in thousands of registrations, suggesting instead that the problem might reflect a technical fault in the computer system or online portal. Even so, investigators are continuing to reconcile records to establish how far the discrepancies go and whether they stem from human error, poor oversight or more serious misconduct.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
