alleryStart learning →Which section prescribes the special tax rate on income deemed under sections 68 to 69D?
ASection 115BBE
BSection 115BAA
CSection 115JB
DSection 112A
Answer & Solution
Correct answer: A. Section 115BBE
Section 115BBE is the special rate provision for unexplained credits, investments, money and expenditure.
Keep practising Undisclosed Income and Assets, Penalties, Offences and Prosecution
Browse all Undisclosed Income and Assets, Penalties, Offences and Prosecution questions for CA Final, or explore more Taxation topics.
Related questions
Public servants are restricted from disclosing specified information under which section?Non-compliance with search and seizure provisions is punishable under which section, up toNo punishment is imposed for failures under sections 276B or 276BB if the person proves whProsecution for income tax offences cannot be initiated without approval under which sectiSection 278E raises a presumption of what, unless the accused proves otherwise?Under section 278C, who is deemed guilty of an offence committed by a Hindu undivided famiFor section 278B, the expression 'company' includes which of these?Unauthorised disclosure of information by a public servant is punishable under which secti