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Version du 1 novembre 2024 à 05:10
The IRS has set many tax deductions and benefits in place for taxpayers. Unfortunately, some taxpayers who earn a great deal of income can see these benefits phased out as their income ascends.
If any books of accounts, documents, assets found or seized belong to the other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should even be completed with twenty one months around the end for the financial year when the search was conducted like assessment u/s 153A.
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