Question ID : 40965

RETURN FILLED WITH TAX PAYABLE ABOVE CRORE

client has filled income tax return with tax payable due to financial crunch of his business. he has got his account audited u/s 44ab. i want to know what would be consequences of filling income tax return with tax payable. whether there is any provision for prosecution if liability is more than one crore.

posted by NADIR D SHAIKH on Feb 7 2021 12:00AM