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Past untaxed profits

Started by Mansha, February 16, 2012, 09:36:48 PM

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Mansha

If resident  individual  had income of Rs 300000 in the year 2006-07 but he has not disclosed the income .It was detected  in the previous year 2009-10.In this case ,it will be considered to be income of the year 2006-07 ,so slab rate of 2006-07 will be applied .
Am i right ?

camanojgupta


Mansha