Received notice under section 133 (6) calling information for claiming fake deduction. What I do next ? Can I filled updated return and pay tax on additional tax liability with interest ?
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Quick Summary
If you've received a notice under Section 133(6) regarding a claimed fake deduction, you need to act promptly. This discussion explores your options, including whether filing an updated return and paying the additional tax along with interest is a viable solution. It also touches upon settling the liability through intimation and seeking professional guidance.