Don’t Misuse These 8 Rules!

The IT-dept has informed the salaried class taxpayers to avoid illegal ways in income tax returns (ITR) filing. It is strictly mentioned that such violators will not only be taken to the court but also their employers will be taken into consideration for guilty.

 

So, here are the most common mistakes done by salaried taxpayers and it is advisable to consider those in order to avoid any kind of delay and mismatch.

 

1. Bogus Bills For HRA Claims

2. Tax Escape On Interest From Bank Accounts

3. Show Income From All Employers

4. Misuse Of Chapter VI-A Deductions

5. Misuse Of 80C Form

6. Fake Claim Under Section 10

7. Wrong Claims On Capital Gains

8. Escalating Home Loan Interest