Income Tax Dept cracks down on bogus claims of tax deductions like 80GGC; What can taxpayers do?

The Income Tax Department is cracking down on fraudulent tax deduction claims, including those under sections like 80GGC, 80E, 80D, 80EE, 80EEB, etc. Taxpayers who have made incorrect claims can file updated returns (ITR-U) within the stipulated time to avoid penalties. For those whose ITR-U window has closed, experts advise to do this. Read more.

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