Misc.income w.e.f. 01.04.12

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 March 2013 Whether a new rule has come into effect that showing misc. income will attract a income tax of 30%. w.e.f. 01.04.2012

11 March 2013 Till now such notification doesn't comes into my knowledge.

OM SAI SRI SAI JAI JAI SAI

15 August 2023 No, unless you cannot justify the source of income.


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