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Revision as of 12:02, 21 September 2024

Families which have been considered for you to become poor or low income are given assistance from earned income credit, or EIC. The EIC is really a tax credit that helps such families with low earnings to accomplish a better standard of living. An EIC can translate in tax refund of about $400 and $4,500. This article will let you know that you can figure out if you are eligible for the EIC.

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If any books of accounts, documents, assets found or seized belong to your 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 by means of end for the financial year when the search was conducted like assessment u/s 153A.

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