269ss , 269T
This query is : Resolved
01 April 2011
presumptive taxation assesse liable for penlaty for contray of 269SS& 269T?
personal assets used in business ,it is include in proprietor capital?
personal assets used in business ,it is include in proprietor capital?
01 April 2011
Yes. The assessee is liable to penalty u/s 269SS and 269T.
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