14 August 2017
I didn't have any income during last two years. I have enough income during current year 2017-18.
For the purpose of Car loan bank needs ITR for last 2/3 years. So, can I file ITR for the financial year 2016-17 with 4-5 lakh salary income (dummy) by paying tax on the same for the purpose of loan. Actually I don't have any income in 2016-17.
Is there any legal consequences, if I show dummy income(but not black money)
14 August 2017
What is your nature income...? I mean if you file your return then which income is shown in return... If you show salary income then any scrutiny ll be received in future. What/Which documents you submitting to ITD...?
CAclubindia
