Extra income in ITR


This query is : Resolved 

Quick Summary
A user is asking if they can declare a fake extra income of ₹2.5 lacs on their Income Tax Return (ITR), despite their actual taxable income being around ₹2 lacs. They believe they will be exempt from tax liabilities. However, advice suggests this could lead to trouble if questioned, particularly without supporting bank entries. If there are bank transfer entries, it might be less problematic.

25 June 2023 My taxable income is around 2 lacs , can I show fake extra/other income of 2.5 lacs while filling ITR? whatever the case I am exempted from tax liabilities.

Please advice.

25 June 2023 For what purpose...
In case of any query, you may be in trouble, as no bank entries.

25 June 2023 I have Dr & cr transfer entry in bank statement

25 June 2023 Then no harm...


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