If a person declares 1.5 Lakh as annual income and has assets FDs of Rs 30 Lakhs, can he get IT refund of Rs. 54,000?
Under what circumstances?
Ref:
Drona (Professional - IT) (71 Points)
19 August 2013
If a person declares 1.5 Lakh as annual income and has assets FDs of Rs 30 Lakhs, can he get IT refund of Rs. 54,000?
Under what circumstances?
Ref:
Drona
(Professional - IT)
(71 Points)
Replied 04 February 2014
I see this as Fake declaration, what do others think?