Perils of Claiming Wrongful I-T Deduction
There are various Sections under which tax deduction can be claimed, to reduce your taxable income while filing income-tax (I-T) returns. For example, Sections 80C, 80D, 80G, 80GG, 80TTA and so on are some of the commonly used Sections for claiming tax deductions. At the time of filing I-T returns proofs do not need to be submitted to claim these deductions. But fraudulently claiming of...
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