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

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Revision as of 22:55, 22 September 2024

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

While Not able to tell you the specific impact that SBA debt forgiveness will have on you, the place of my article will be just to understand that loan forgiveness does potentially have tax consequences that a borrower glance into in order can make your most informed decision conceivable.

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