Pmgky
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2017
If undisclosed income was found during the course of survey by the assessing officer, whether they are taxed at the rate mentioned in PMGKY or at normal rates mentioned previously.
CA Suresh Jain
(Expert)
19 January 2017
Undisclosed income found during Survey shall not be eligible under PMGKY.Tax and penalties shall be leviable as per regular provisions of Income tax
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