Undisclosed income
CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
18 June 2020regarding undisclosed income
Q. 1 suppose, Mr A has income on which he could not give satisfactory explanation...This income is disclosed in p.y. 2019-20 means p.y. is 2019-20 and will be assessed in 2020-21.....right??
Q. 2 now if MR A has undisclosed income of 2018-19 but it is disclosed in 2019-20 then which is the p.y. ???? if 2018-19 then tax rate will be applicable of 2018-19????