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bogus deduction

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(Querist)
04 September 2017 I want to know as what will happen if we claim bogus deduction under section 80c to get more refund....
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
09 September 2017 If the IT Dept scrutinises and finds out that you have made a false claim under 80C, you will be asked to pay the differential income (as if the deduction was not paid) plus interest plus penalty.

Above all it is a disgrace to make false claim to avoid paying tax.
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Shailender singh

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Shailender singh (Querist)
09 September 2017 Thanku sir
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