Hai!!
If my Stock value is increased by 50000/- due to ICDS Effect, Do My Tax Liability Increase on such 50000/- increase in stock or Only i have to Disclose such increase in stock in 3CD.
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Icds effect on tax liability
Replies (2)
Yes ur tax liability will increase by Rs.50000.
Yes your tax liability will increase on such Rs.50000
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