In a case where the undisclosed income is represented in the form of investment in asset and such asset is partly from income that has been assessed to tax earlier, then what shall be the method of computation of undisclosed income represented by such undisclosed income?

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....putation of undisclosed income represented by such undisclosed income?<br>FAQs on the Income Declaration Scheme, 2016 - Income Tax - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. As per sub-....

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....ortion as the assessed income bears to the total cost of the asset. This is illustrated by an example as under: Investment in acquisition of asset in previous year 2013-14 is of Rs.500 out of which R....