Have You Shown Fake Income in Income Tax Return? This Practice might Lands You in Tax Trouble

A recent ruling by the Hyderabad ITAT wherein fake agricultural income shown by a student in income tax return to grab education loan was taxed by the Assessing Officer. This is an alarming ruling for those who are showing fake income in income tax return in order to get Bank CC/ loan etc.

To Download the Judgement, Please Click Here