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Hundi tax - PowerPoint PPT Presentation

Deemed Incomes and Clubbing of Incomes

Deemed Incomes and Clubbing of Incomes. DEEMED INCOMES. Cash Credits Unexplained Investments Unexplained Money Amount of Investments not fully disclosed Unexplained Expenditure Amount borrowed or repaid on hundi Tax on these incomes is charged @30%. Clubbing Of Incomes.

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Hundi tax - PowerPoint PPT Presentation

Deemed Incomes and Clubbing of Incomes