No documents to explain source of income? 60% Tax, plus Surcharge & Cess, plus 10% Penalty
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 Published On Jan 30, 2024

Welcome to Bicaps, Business India CA Angad Pal Singh. This channel is focussed on content relating to business strategy, finance & taxation awareness.

In this video, CA Angad Pal Singh explains the higher tax applicable under section 115BBE of the Income Tax Act if the sources of the credits are unexplained.

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