
Personal Finance11mo
by BouncyCupcakeConsultant
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Now it is fetching your savings account, fixed deposits, mutual funds, stocks everything. Earlier these details were not fetched and we could just hide those earrings from the IT portal to pay less tax. Now we need to pay those extra tax...
A typical modus operandi was to either not make the donation at all or make it but get it back in cash, minus a cut.
Taxpayers can file an updated return to comply & pay additional tax pf 25-50% in case they've made a fake claim.
Mat...