Fake Deductions Claim by Salaried Person
Автор: Tax Effects
Загружено: 2025-05-13
Просмотров: 43128
Описание:
Salaried Person Claiming Fake Exemptions/Deductions : Reasons & Consequences 🤯
🔵 MOST COMMON SECTIONS = LTA, HRA, Sec. 10(14)(i)/(ii), Section 80C, 80D, 80CCD, 80DD, 80DDB, 80E, 80G, etc.
🔵 REASON = For Claiming Excess Refund OR Reducing Tax Liability Incorrectly.
🔵 How it is done? = Fake Claims are made under various Sections Randomly without any Proof.
🔵 CONSEQUENCES =
(1). 133(6) Notice For Evidence Productions might be issued
(2). 143(2) Notice for Scrutiny might be issued
(3) 147 Notice for Under Reporting/ Mis-reporting of Income.
(4). 200% Penalty might be imposed u/s 270 A.
(5) PAN No. Flagged by Dept for future Years as well.
🔵How to Avoid this?
(i) file the ITR as Per your Actual data only.
(ii) If there is any mistake, then file Revised Return u/s 139(5)
(iii) If time limit for filing revised return is over, then File Updated Return u/s 139(8A).
—————————————————————————-
#income #incometax #tax #finance #notice #money
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
