14 June 2016
one person has filed return in status of APO after due date but in actual it is partnership firm. now he received demand order to pay huge tax
my query is this in AOp status we can take slab benefit but in partnwrship firm flat 30% tax on Net proft.
person showed Rs. 2,28,630 in original return and took slab benefit now any possibility or adjustment is there to show less profi and pay less tax