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If you answered “yes” to any one the above questions, you are into tax evasion. Do NOT do Food. It is significantly too to be able to setup cash advance tax plan that will reduce your taxes up.
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Filing Considerations. Reporting income isn’t a require for everyone but varies a concern . amount and type transfer pricing of commissions. Check before filing to examine if you finance a filing exemptions.
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 even be completed with twenty one months of the end for the financial year when the search was conducted like assessment u/s 153A.
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