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Income Tax - Highlights / Catch Notes

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Income form house property - can assessed income be lower than ...


Assessing Officer Must Calculate Tax on Computed Income, Even If Lower Than Taxpayer's Reported Income.

April 26, 2018

Case Laws     Income Tax     AT

Income form house property - can assessed income be lower than returned income - AO is bound to compute the tax payable by the assessee on the income computed by him even if it is at a lesser figure than the income returned by the assessee - AT

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