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section 270a
Dear experts, How the tax amount computed in case of under reported income under section 270a. Is it as per normal slab rates or at flat 30%. suppose my income is 5 lacs and I have not filed the return later on issuance of notice from ITR I filed my return being an individual. will I be taxed as per my slab rate after deducting 2.5 lacs or at flat 30%
Replies (4)
As per slab rates..
Thanks. But I saw some PDF papers showing tax deduction at flat 30% for lower slab rates as well.
How to solve notice under section 270A
Hey, Can you please share the notice so that we understand the grounds better and will be able to provide you the best possible best answer? or you can share the contents Anything works
Let me know if you have any questions
Thanks
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