Can I Wipe Out Tax Debt In Bankruptcy: Difference between revisions
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Revision as of 05:38, 31 October 2024
Note: The author is yet it will help CPA or tax professional. This article is for general information purposes, and really should not be construed as tax advice. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.
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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 be completed with twenty one months from your end of the financial year when the search was conducted like assessment u/s 153A.
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