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Deemed income u/s 69 read with section 115BBE, Income Tax

Issue Id: - 115719
Dated: 28-11-2019
By:- GOPAL HARLALKA

Deemed income u/s 69 read with section 115BBE


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Excess stock found at the time of survey u/s 133A will be bussiness income or deemed income under section 69. Will the normal rate of tax will be applicable or tax prescribed u/s 115BBE wii be applicable

Gopal Harlalka

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