Income under section 115bbe
This query is : Resolved
25 June 2013
Can income be offered voluntarily by filing return declaring income under section 115bbe by paying 30% tax to avoid penalty?
Please reply.
Please reply.
26 June 2013
YES YOU CAN DO THIS U/S 115BBE
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26 June 2013
Thank you sir.
Can u please guide me which itr will be applicable on doing so, and under which head, this income will be shown while preparing the tax return?
Can u please guide me which itr will be applicable on doing so, and under which head, this income will be shown while preparing the tax return?
26 June 2013
this is show in income from other sources
and pay 30% income tax on it.
tax on remainin income will calculate as per normal proceudre
and pay 30% income tax on it.
tax on remainin income will calculate as per normal proceudre
Message likes :
1 times
26 June 2013
thank you sir.
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