ITR Filing : Lying while filing ITR and taking exemption will cost you heavily, you will incur huge loss; Income Tax has made preparations!

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ITR Filing : Lying while filing ITR and taking exemption will cost you heavily, you will incur huge loss; Income Tax has made preparations!
ITR Filing : Lying while filing ITR and taking exemption will cost you heavily, you will incur huge loss; Income Tax has made preparations!

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 get you into legal trouble. Many people make false claims to the income tax to reduce their tax, due to which their tax gets 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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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 get you into legal trouble. Many people make false claims to the income tax to reduce their tax, due to which their tax gets 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.

If you make false claims while filing ITR, then the Income Tax can take strict action against you in case of tax evasion under the Income Tax Act 1961. This will get you entangled in legal troubles.

What does income tax do if you take tax exemption by lying?
If you have shared false information while filing ITR and taken exemption, then it can prove to be dangerous for you. Action can be taken against you under section 271(1)(c) of the Income Tax Act for giving wrong information. Under this, you may have to pay a fine ranging from 00% to 300%. Not only this, you may also have to pay interest on it.

If you feel that the department does not know whether you are giving correct or wrong information while filing ITR, then you are mistaken. Because the department keeps complete details of taxpayers. If the department suspects you, it can re-examine your return and take action against you if there is any mistake.

You can be jailed for making a fake claim
If you make fake claims while filing returns, you may have to pay a fine and also go to jail. The Income Tax Department can take action against you under Section 276C and 277 of the Income Tax Act. And under this, you can also be sentenced to jail for 6 months to 7 years.

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