Declaring Back Taxes Owed From Foreign Funds In Offshore Accounts

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You might just need with regard to the taxes you've did not pay . It transfer pricing is nearly impossible to obtain a foreign bank account without presenting a utility bill. If the utility bill is of this U.S., then why are you even making efforts? 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 originating from a end within the financial year when the search was conducted like assessment u/s 153A.

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