Misreporting of income

Under reporting is the deliberate act of reporting less income usually for income tax purposes. Under reporting income in order to avoid taxes is an illegal practice
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Mis-reporting of income as per Section 270A of Income Tax Act generally occurs in the circumstances stated below:

Mis-representation or suppression of facts;

Non-recording of investment in the books of accounts;

Claim of expenditure not substantiated by evidence

Recording of false entry in books of accounts

Failure to record any receipt in books of accounts