Are you a salaried individual waiting to file your income-tax returns (ITRs) for the financial year 2017-18 (assessment year 2018-19)? Beware! Do not try to tweak your salary components or search for other options to avoid paying taxes. Not only is tax evasion absolutely against our national interest but any such attempt might now also bring you under the glare of the income-tax department, which is going to crack down on such malpractices.
To reduce tax liability, some taxpayers increase their deductions or exemptions or reduce their taxable income by either under-reporting or misreporting earnings. Rather, you should choose “tax

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