Hello professionals.. Someone in my known has claimed deduction of medical expenditure of Rs 20000 without having sufficient proofs under section 80d....
What are the chances of notice being recieved by him ???
There are very less chances of receiving notice in this regard. However it is advisable to be honest and have all relevant proofs and supporting documents for availing deductions.
Income tax returns for scrutiny are choosed on the basis of information you fedded in your income tax return.
if you do not have last transaction to your bank account or any trading transactions in stock market and you have a very less income in itr . 5 example your ITR is up to 5 lakh.
THERE ARE ALMOST NO CHANCES FOR ASSESSMENT
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