IT Department Issues Notices to Salaried Taxpayers Over 'Unrealistic' Exemption Claims in ITR
Автор: Janani Services
Загружено: 2025-04-25
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IT Department Issues Notices to Salaried Taxpayers Over 'Unrealistic' Exemption Claims in ITRs
The Income Tax Department has issued a wave of notices to salaried taxpayers since the beginning of the financial year, flagging "unrealistic" exemption claims made in their income tax returns (ITRs), according to official sources.
Are you filing ITR to simply claim refund by keeping fake deduction. Than this reel is for you.
From the last year onwards Income Tax department is very active on sending security notices to those persons who claimed the refund.
After you receive the notice from the ITD, if you are not able to produce the required documents. You are liable to pay penalty @200% along with interest and further there is a possibility of going to prison.
So, take decision wisely.
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