Reported wrong income in your ITR? Here’s how you can avoid up to 200% penalty(Soban News)

Incorrect income reporting can lead to penalties under the Income Tax Act, 2025 with fines up to 200%. Taxpayers can avoid such steep penalties by voluntarily disclosing errors and paying required taxes. Details here. 

​Incorrect income reporting can lead to penalties under the Income Tax Act, 2025 with fines up to 200%. Taxpayers can avoid such steep penalties by voluntarily disclosing errors and paying required taxes. Details here.  by Soban News (international And National News)