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69A undisclosed credit
is there is any provision of estimation at 8 percent or 10 percent when the credit entry in the bank account of assessee remained undisclosed?
Replies (1)
No , at the time of assessment it will be covered u/s 69 and willbe taxed as per 115bbj special rate and penalty is alao attractable under section 270A upto 100 of tax evaded
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