ITR Filing: Lying while filing ITR and claiming false exemptions can cost you big; Income Tax will come down hard!

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ITR Filing: Lying while filing ITR and claiming false exemptions can cost you big; Income Tax will come down hard!

Filing incorrect details or claiming false deductions in your Income Tax Return (ITR) can lead to serious consequences. The Income Tax Department may impose heavy penalties, reject your return, initiate scrutiny, and even prosecute in cases of deliberate fraud. Honesty in tax filing is crucial to avoid financial and legal troubles.

It is important to file Income Tax Returns (ITR Filing 2025) on time. This year, the Income Tax Department has given some relief to taxpayers by increasing the deadline for filing ITR. We have to be careful while filling ITR. One mistake of yours can prove to be very costly. Therefore, fill the correct information carefully while filing ITR.

If you also pay income tax, then this news is going to be very useful for you. Because while filing ITR (ITR Filing 2025), many such mistakes are made which can later trap you in legal trouble. Many people make false claims to Income Tax to reduce tax, due to which their tax is reduced and they get the return. But if you also want to get income tax return by filling wrong information, then it can be dangerous for you.

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