Day: April 26, 2018
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Penalty for Under-reporting or Misreporting of Income u/s 270A
Recently, Income Tax Department has issued a advisory for the salaried taxpayers to report correct income while filing the returns . Due to this cautionary, penalty for under reporting or misreporting of income u/s 270A came into light. Further, department has also made major changes in the ITR Form 1 (Sahaj) for F.Y 17-18 in…
sunil sharma