{
  "id": 829991,
  "title": "CAG flags Rs 25,085 crore tax effect from 1,902 assessment lapses",
  "url": "https://urgent.news/2026/08/14/cag-flags-rs-25-085-crore-tax-effect-from-1-902-assessment-lapses",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T01:58:02.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/cag-flags-rs-25085-crore-tax-effect-from-1902-assessment-lapses/articleshow/133227130.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The CAG identified 1,902 tax lapses involving over twenty-five thousand crore rupees. These cases involved incorrect tax rates and faulty income computations. Many lapses occurred after demonetisation during the 2017-18 assessment year. Assessing officers failed to apply relevant sections in numerous unexplained transaction cases. This resulted in under-assessment of tax in the majority of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}