1 year, 5 months ago
Income Tax Department Warns Taxpayers of Penalties for False Refund Claims
Deccan ChronicleHyderabad: The income-tax department has appealed to taxpayers to rectify false claims of refund, if any, by filing revised returns for the current assessment year and updated returns for the previous assessment year. Explaining the revised and updated returns, Chief Commissioner Shishir Agarwal said tax payers who had already filed their returns by making false claims of refund could submit revised returns rectifying the anomalies before December 31, 2023. They could file updated returns paying 25 per cent additional tax before March 31, 2025, and with 50 per cent additional tax before March 31, 2026. Taxpayers, who filed returns erroneously in AY 2022-2023 can file updated returns paying 50 per cent additional tax before March 31, 2025.
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History of this topic
4 months, 3 weeks ago
Income Tax dept warns ITR filers of stern action in case of bogus TDS claim | Check last date
India TV News
1 year, 1 month ago
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1 year, 3 months ago
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The Hindu
1 year, 4 months ago
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Live Mint
1 year, 5 months ago
Heavy penalty for false refund claims: I-T dept
Deccan Chronicle
2 years, 1 month ago
Income Tax Return filing deadline today, taxpayers face technical difficulties
Firstpost
2 years, 9 months ago
Income tax alert: Taxpayers must complete this process now
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3 years, 3 months ago
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Live Mint
3 years, 6 months ago
Income Tax Return: These Taxpayers May Have to Pay Double TDS from Next Month
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