Query regarding section 56 of income tax act.
Querist : Anonymous
Out of this how much is taxable u/s 56.
Can i get the exemption of Rs. 50,000/- at least.
So Whole amount of Rs 133000/- is taxable in your hand.
Bt Y u didnt pay tax on it in A.Y 10-11.???
Querist : Anonymous
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