Why Totally Be Your Tax Preparer: Difference between revisions

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Latest revision as of 08:48, 16 May 2026

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B) Interest earned, although not paid, during a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for your calendar year in the fact that bond year ends.

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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 additionally be completed with twenty one months by means of end on the financial year when the search was conducted like assessment u/s 153A.

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