Paying Taxes Can Tax The Better Of Us: Difference between revisions

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How many of folks count our tax burden? The truth is, hardly if any. Regarding eyes of the government, not all income sources are treated equally. For example, when are usually working for your manager as an employee and you duly pay your taxes at the end of the annum. This has been going on for few years. The amount of taxes paid is noticeable to be the same each year (give and take). Therefore, it may as though all earned income are going to be taxed equally each and every.

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If any books of accounts, documents, assets found or seized belong to any other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should be also completed with twenty one months from the end belonging to the financial year when the search was conducted like assessment u/s 153A.

Copyright 2010 by RioneX IP Group LLC. All rights ordered. This material may be freely copied and distributed subject to inclusion within this copyright notice, author information and all of the hyperlinks are kept undamaged.

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