I claimed 80 C without actual investment and 50k for 80D for me and my parents without actually getting medical insurance. I also claimed 99k HRA without paying any rent.

Do income tax people even check or they blindly give refund.

likehelpful
Posting as :
works at
You are currently posting as works at

I'm from Income tax department. Please share you PAN number.

funnylike

FBI open up🤣

funny

In general, as long as the refunds are less and income is less it goes unnoticed. However, offlate IT Dept has upgraded ther capabilities a lot and they have a lot of criterion for sending notices. It is an algorithm.

All said and done, if you get caught and they send a notice, u will have to pay all the tax for the 3 years plus Monthly, Quarterly and Yearly interest which will be much more what you would have paid in first place.

funny

But the company will ask for proof of investment, have you submitted that?

Many people from my extended family work in unorganized sector and they don't even pay even a penny as tax. My cousin and his dad earn 3-4 lakh per month from his shop and just shows 6LPA as their income. They just invest all money in real estate.


I think there are bigger fishes for income tax than us salaried people. They won't notice us.

like

It's random check, so it's your luck. However IT don't touch people below 2-5 cr income manually.

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