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Revision as of 22:21, 9 August 2026

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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 by means of end of the financial year when the search was conducted like assessment u/s 153A.

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B) Interest earned, however paid, during a bond year, must be accrued after the bond year and reported as taxable income for the calendar year in the fact that bond year ends.

And the actual audit, our time became his. Our office staff spent just as time on your audit as he did, bring our books forward, submitting every dang invoice by means of transfer pricing past 36 months for his scrutiny.

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