Difference between revisions of "Foreign Bank Accounts Offshore Bank Accounts Irs And 5 Year Prison Term"

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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 additionally 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.

And since you know some taxpayer rights, undertake it ! start reducing your taxes by downloading a complimentary tax organizer for individuals and owners here.

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