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RAJESH CHOUDHARY (Querist) 26 November 2011 This query is : Resolved
is tax under section 69 subject to slab rate

plz tell me

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Sailesh Kumar Shah (Expert) 26 November 2011
please elaborate your query.

RAJESH CHOUDHARY (Querist) 26 November 2011
i just wanted to know whether that is taxable in slab rate or not that's it that is the question sir.

Sailesh Kumar Shah (Expert) 26 November 2011
in which reference?

RAJESH CHOUDHARY (Querist) 26 November 2011
Unexplained Investment Under Section 69 of the Income Tax Act, 1961
is taxable if found and what will be the tax treatment if such income is found ?

Sailesh Kumar Shah (Expert) 26 November 2011
The value of the investments may be deemed to be the income of the assessee of such financial year.

Rajeev Kumar (Expert) 27 November 2011
Agree with shah

prabhakar singh (Expert) 27 November 2011
Rightly opined by Mr.Shah.

Raj Kumar Makkad (Expert) 27 November 2011
Yes. slab is applicable.

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