I-T Dept warning to salaried taxpayers: 8 common inaccuracies every taxpayer should take care of NOW
the wake of the Income Tax Department’s warning to salaried taxpayers, you not only need to be tax-compliant, but also need to file your I-T returns carefully if you want to avoid the wrath of the taxmen.
Are you a salaried person, but one of those who usually conceal a part of their income from the Income Tax Department in a bid to save tax? Then you have more reason to worry. For, the I-T Department has just warned the salaried class against using illegal means while filing their income tax returns (ITRs). Such violators will not only be prosecuted, but their employers will also be now asked to take action against them, it has said.
According to a PTI report, the Central Processing Centre (CPC) of the I-T Dept in Bengaluru, which processes ITRs, has advised the salaried class not to fall prey to unscrupulous intermediaries, who help them in preparing false claims in a bid to get income tax benefits.