Hidden Income Or False Claims? Your ITR Could Cost You 200% In Penalties– Details Inside | Personal Finance News
New Delhi: It’s tax season again, and while you may be ready to file your Income Tax Return (ITR), it’s crucial to pause and review your details carefully. The latest ITR rules leave little room for error, mistakes or incorrect claims can cost you dearly. As per ClearTax, misreporting income can attract a hefty penalty…