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Regarding income tax on other sorces

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(Querist)
15 December 2017 Dear sir

I want some information if someone did some business through saving account that turn over more than 1.5 cr. and he ready pay tax according act 44AD 8% of total turn over then he get any quires or if any get penalty for tax payer
Please guide me
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RAJA P M

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RAJA P M (Expert)
15 December 2017 No more penalties and queries. But, check the availability of the section for his business

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