Income for the purpose of Returns


This query is : Resolved 

(Querist)
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)

Neha Jain (Expert)
14 August 2017 It is not advisable to show any dummy income

RAJA P M (Expert)
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...?


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