bogus deduction
This query is : Open
04 September 2017
I want to know as what will happen if we claim bogus deduction under section 80c to get more refund....
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.
Above all it is a disgrace to make false claim to avoid paying tax.
09 September 2017
Thanku sir
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