Income Tax Return (ITR) filing is more than a financial obligation—it’s a civic declaration. But what if the information you submit is wrong? Whether it’s a misreported income, a fake deduction, or an incorrect bank detail, the consequences can be serious. This post explores the legal, financial, and ethical implications of filing incorrect information in your ITR—and how to correct it before it becomes a liability. 🧾 Common Types of Wrong Information in ITR ❌ Error Type ⚠️ Description Under-reporting Income Not declaring full salary, rental, or business income Misreporting Income Claiming false deductions, fake expenses, or incorrect capital gains Incorrect ...