Annual Taxes - Humor In The Drudgery: Difference between revisions

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Revision as of 21:39, 1 September 2026


Through the proposed DTC / GST legislations, the government has acknowledged the necessity of new revenue system however the proposed new laws apparently appear with regard to even complex then the present one.

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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 originating from a end among the financial year when the search was conducted like assessment u/s 153A.

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