What Happens When You File Wrong Tax Refund Claims? Penalty, Criminal Action And All You Need To Know

The Income Tax Department has uncovered a network of agents who unlawfully filed incorrect deductions and claims for citizens ...

Income Tax Dept is sending intimations about cash deposit, property purchase, AIS ITR mismatch; here’s what it means

Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly ...

Form 12BB Review In January Can Help Salaried Employees Avoid Higher TDS

Salaried employees should review Form 12BB by January to avoid higher TDS, ensure accurate Form 16 reporting, and fully claim tax-saving deductions.

Income tax refund wrong claims: Up to 200% penalty, criminal action for wrong tax refund claim; check exactly what will happen

The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, leading to illegitimate refunds. Sophisticated data analytics and ...