Survey, Search & Seizure Income Tax Act, 1961
Survey, Search & Seizure Income Tax Act, 1961
Survey, Search & Seizure Income Tax Act, 1961
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Precaution while making<br />
any statement.<br />
<br />
<br />
Is it safer to disclose income under the head<br />
"other sources" or "business“ <br />
Would it be desirable to declare the entire amount<br />
as current year’s income or spread over income<br />
for many years as any spread over may result in<br />
liability to interest and penalty for concealment <br />
Is it possible to capitalise the disclosed amount <br />
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