INSUBCONTINENT EXCLUSIVE:
It added that the department may also prosecute the intermediaries and abettors.New Delhi: The Income Tax Department on Wednesday cautioned
salaried taxpayers not to under-report their income or inflate deductions and exemptions while filing tax returns, warning that wrong claims
would be treated as cases of tax evasion
In a single-page advisory issued on Wednesday, the department said such attempts aided and abetted by unscrupulous intermediaries have "been
are, therefore, strictly advised not to fall prey to false promises or mis-advice by unscrupulous intermediaries and submit wrong claims in
2018-19)"In the cases of such wrong claims by government or Public Sector Undertaking employees, reference would be made to the concerned
vigilance division for action under conduct rules," the advisory said.It added that the department may also prosecute the intermediaries and
Your Goals And Not Your Tax)The processing of ITRs by Centralized Processing Centre-Bengaluru is done in an automated rule-based manner with
no human interface with the taxpayer."The Income Tax Department has an extensive risk analysis system aimed at identifying persons who are
(ITR) Forms Introduced, Tax Slabs For FY 2017-18)"In all such cases of high risk, the department may examine and verify the details
submitted by taxpayers in their ITR, subsequent to processing of returns in CPC," the advisory said.(Except for the headline, this story has
not been edited by staff and is published from a syndicated feed.)
