13 September 2016
while we are filing return online browser will not ask for any proof for claiming deductions , if we claim dummy deductions how income tax department will come to know and what are the consequences
13 September 2016
Income tax return is the DECLARATION by the asseessee. If the declaration proves out to be FALSE, it is liable for punishment which may extend to imprisonment. This FEAR of punishment is the key to your query. In addition, with the help of computers, Income Tax department has started MINIG a huge amount of data from various sources like registration offices, banks, insurance companies etc........
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