05 October 2023
Income u/s 11 (3) is Rs 19,70,000 (accumulated & not spent within 5 years) is taxed @ slab rate or @ 30% as per section 115BBI expln. b. Assessee has filed Form 10 for the F.y 2017-18 within the duedate. But while filing A.Y 2023-24 ITR-7 Rs 1970000 is showing taxable @ 30% Pls try to resolve the query.
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