Additional Tax under section 140B

Neethi V. Kannanth , Last updated: 08 April 2023  
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A new section 140B has been proposed in the Union Budget,2022. If an assessee opts for filing the return under newly proposed section 139(8A), an additional tax is required to be paid under Section 140B. Method of Computation of Tax Situation 1- Where no Return of Income was Furnished Earlier

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