How much difference in current and present year profit triggers an income tax notice
How much difference in current and present year profit triggers an income tax notice
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 26 March 2019
CA Charmie Jhaveri
(Associate)
(163 Points)
Replied 26 March 2019
Nothing as such. If you are paying taxes accordingly, you might not receive a notice.
Still, answering your question, more than 20%.
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