Penalty on Clubbing of Income.

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5 Points Posted on 26 October 2018
What is the penalty in the hands of an Individual on clubbing of Income?
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On 26 October 2018 at 15:00 Report
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512 Points Posted on 26 October 2018
on amount of addition
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On 26 October 2018 at 17:09
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5 Points Posted on 26 October 2018
Meaning 100% of tax evaded as penalty, plus the evaded tax? Right?
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On 26 October 2018 at 17:17
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512 Points Posted on 26 October 2018
yes minimum 100% and maximum 300%
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On 26 October 2018 at 17:24
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5 Points Posted on 26 October 2018
Thank you for the help!
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On 26 October 2018 at 18:30

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