How income tax department can penalise you for under-reporting, misreporting income

How income tax department can penalise you for under-reporting, misreporting income
April 19, 2018 bassadmin
In Uncategorized

Under-reporting income or inflating deductions/exemptions in income tax return can attract heavy penalties ranging from 50% to 200% of tax evaded, say experts. An advisory issued yesterday by the income tax department has warned salaried tax payers against trying to evade tax by

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