Undisclosed professional receipt u/s 69A - Year of assessment - ...
Case Laws Income Tax
August 3, 2019
Undisclosed professional receipt u/s 69A - Year of assessment - Cash basis of accounting - Assessee has paid advance tax on the amount in question in AY 2020-21 and undertaken to declare the amount for taxation, Revenue is not going to lose anything. It is merely a tax neutral exercise.
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