3 Areas Of Taxes For Online Business Proprietors: Difference between revisions
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Revision as of 18:24, 21 September 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 also be completed with twenty one months originating from a end within the financial year when the search was conducted like assessment u/s 153A. B) Interest earned, nonetheless paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for that calendar year in how the bond year ends.
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