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Revision as of 07:37, 3 September 2024

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In summary, you make money transfer pricing in little business and hold it in passive rewarding assets using good leverage, velocity of greenbacks and compound interest.

If any books of accounts, documents, assets found or seized belong to any 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 originating from a end belonging to the financial year when the search was conducted like assessment u/s 153A.

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The second way is actually by be overseas any 330 days each full 12 month period out and about. These periods can overlap in case of an incomplete year. In this particular case the filing deadline day follows effectiveness of each full year abroad.

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