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Vikas Acharya

Building WelBe| Entr... • 3d

what's your take on this guys ? 😨

Priyansh Khimani

AI Automation | Grow... • 3d

Earning ₹30 Cr in a short period will definitely catch the tax department’s attention. Section 68 deals with unexplained cash credits—if he can't justify the income source properly, tax authorities will assume it's undisclosed income. But 12.80 Cr tax seems high! Maybe penalties were added? What do you think—is this justified, or should there be some relaxation for such seasonal earnings?

0 replies1 like

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