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Revision as of 13:39, 22 October 2024

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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 even be completed with twenty one months originating from a end belonging to the financial year when the search was conducted like assessment u/s 153A.

The increased foreign earned income exclusion, increased income tax bracket income levels, and continuation of Bush era lower tax rates are all good news for many of American expats. Tax rules for expats are complicated .. Get the specialist help you need to file your return correctly and minimize your Oughout.S. tax.

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