Disputed Income- meaning and taxability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2009
Plz help me regarding my query.
thnxx
thnxx
03 November 2009
The difference between assessed income and conceded income is usually called disputed income unless the assessee agreed for the addition. The tax calculated on the disputed income will normally reflect in the assessment order itself. The rate of tax of disputed income will be same depending on the status of the assessee.
03 November 2009
agree
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