Scrutiny on altering I-T returns 'drastically' post note ban
Central Board of Direct Taxes has issued a statement, saying those "drastically" altering their I-T returns post demonetisation will face scrutiny and penal action. The department expressed concerns about possible misuse of a provision which allows revising I-T return. The return, however, can be revised only if the concerned person finds any omission or wrong statement in the earlier filing.