New Delhi, June 29 -- The income tax department has reportedly identified around 15,000-20,000 cases where taxpayers have used "swapped provisions" trick to reduce their taxable income in a particular financial year.

The move is part of the tax department's ongoing crackdown on bogus claims, under which it is examining cases where claims made in tax returns do not match employer records or other information available in its database, according to a news report by the Times of India.

'Swapped provisions' is not a term defined under the Income Tax Act. Broadly, it refers to a practice where a taxpayer withdraws one exemption or deduction claimed in the original income tax return (ITR) and replaces it with another in a revised or updated r...