Tax in nidhi company

Tax queries 1122 views 1 replies

What about investment in nidhi company is it taxable or not? is this notable by income tax department? if its means whats the margin?

Replies (1)
if the investments were made of disclosed sources then only income generated out those investments will be charged to income tax or else both the investments and income generated out of investments to be disclosed as income and tax to be paid


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