These days, the organization is vital in administering pension scheme, insurance scheme, and other funds that are intended for the workforce in the organized sector in India. Consequently, EPFO administers and manages a staggering amount of data. ...
Revised returns aremore likelyto be chosen for scrutiny and if any omission is found purposeful, especially if income has been revised higher, you could be penalized with a fine or even imprisonment. If revised return is filed to correct a bonafide mistake then no penalty can be levied, othe...