Tax Rates Reflect Well-Being: Difference between revisions
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Revision as of 12:50, 2 October 2024
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Regarding egg donors and sperm donors there was an IRS PLR, private letter ruling, saying could be deductible for mothers and fathers as a medical spend. Since infertility is a medical condition, helping along getting pregnant could be construed as medical transfer pricing management.
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 completed with twenty one months from the end on the financial year when the search was conducted like assessment u/s 153A.
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