How Does Tax Relief Work: Difference between revisions

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Revision as of 22:51, 26 July 2026


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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 also completed with twenty one months of the end of the financial year when the search was conducted like assessment u/s 153A.

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Now, I'm hardly suggesting you stay and choose a life in criminal activity. Tax issues potential minor the actual spending amount of jail. Frankly, it just isn't worth it, but it is at least somewhat intriquing, notable and humorous to see how the government uses tax laws to get after illegal conduct.

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