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Revision as of 05:40, 30 August 2026
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But the risk doesn?t stop with mere financial penalization. Punishment may add a lot as being added too jail and being instructed to pay fines to the federal government if evasion is blatantly crooked.
What is the rate? In the rate or rates enacted by Central Act for every single Assessment Year. It's varies between 10% - 30% of taxable income excluding the basic exemption limit applicable for the tax payer.
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