Sec 133A

This query is : Resolved

Vasant K Namjoshi (Querist)
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29 October 2009 Undisclosed income found at the time of Survey can not be added back in the income considered under Sec 44 AF and A.O.can not charged Higher % Profit

CA Balram Sharma

CA Balram Sharma (Expert)
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29 October 2009 YES

THERE IS NO PROVISION TO CHARGE THE TAX AT HIGHER RATE

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Sec 133A

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