False Return (Noun)
Meaning
An incorrect income tax return.
Classification
Nouns denoting communicative processes and contents.
Examples
- The taxpayer was charged with making a false return after intentionally underreporting their income.
- The tax authority launched an investigation into the company's financial records after discovering a false return had been submitted.
- Making a false return can result in severe penalties, including fines and imprisonment.
- The accountant was accused of helping clients file false returns to reduce their tax liability.
- Filing a false return can lead to a loss of credibility and damage to one's reputation.