12 November 2018
I FILED ITR 5 AS AOP. IN THIS RETURN WE GOT PROFIT FOR RS.80000/-.. SLAB RATES FOR AOP IS 2,50,000. IN THIS RETURN THERE IS NO TAXABLE INCOME. BECAUSE IT IS BELOW TAXABLE. BUT A.O.IS SEND 143 NOTICE, IN THAT HE CHARGES 30%TAX ON PROFIT (MEANS 80000 X 30% TAX). WHAT IS THE AOP SLAB RATES. PLEASE SUGGEST ME
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