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Undisclosed income

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 December 2014 when i received undisclosed income in bank. what is the treatment of it in books of account... ?

11 December 2014 how much is the amount??????????????????

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 December 2014 22 lac... received from bank..

12 December 2014 if u dont show it then later there may be a penalty by it dept anywhere between 100-300% of tax sought to be evavded.

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 December 2014 dis amount received from bank.. RD amount lumsum money....

12 December 2014 yes still if ao check ur bank statement then ur in toruble.


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