Consequences of declaring turnover in ITR and Benefits of declaring proper Income?

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Consequences of declaring turnover in ITR and Benefits of declaring proper Income?
Replies (3)
Consequences of declaring turnover in itr and benefits of declaring proper income.
Also consequences of GST Registrants declaring nill turnover in GSTR3B?
To make sure that taxpayer does not default in disclosing information, there are many penalties prescribed under the act.
failure to furnish any information attract to penalty upto 1000.

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