India’s Income Tax Crackdown: Stricter Rules, Hefty Penalties for ITR Errors
New ITR Rules: Up to 200% Penalty & Prosecution for Misleading Returns The Income Tax Department is cracking down on inaccurate or misleading income tax returns (ITRs) with stricter new rules. If you misreport income or claim false deductions, you could face severe consequences, including hefty penalties and even prosecution. What’s at Stake? Your CA’s … Read more