Thinking of slipping in those demonetised notes in your income tax returns? Think again
In a statement on Wednesday, Ministry of Finance said that a 'Revised Return' can only be filed if any person, who has filed a return under section 139(1) of the Act or in response to notice u/s 142(1), discovers any omission or any wrong statement therein.
Ministry of Finance is all set to discipline the tax payers with undisclosed income, and this time it has warned on filing of income tax return post demontisation. Photo: Pixabay