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Latest revision as of 01:36, 11 November 2024
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Tax concurrence. While avoiding tax payments is illegal, lowering taxable income is just not. Stay in compliance by reporting taxable income and deductions that you legally qualified to apply for claim. Also, be sure to file period and send payments via due go out.
It has been instructed by CBDT vide letter dated 10.03.2003 that while recording statement during program of search and seizures and survey operations, no attempt ought to made to obtain confession with respect to the undisclosed income. This mini keyboard has been advised that ought to be focus and attention to collection of evidence for undisclosed sales.
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