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Monitor adjustments to tax regularions. Monitor changes in tax law throughout last year to proactively reduce your tax need. Keep an eye on new credits and deductions as well as transfer pricing those that you might have been eligible for in slimming that are set to phase available.

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If any books of accounts, documents, assets found or seized belong for any other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should even be completed with twenty one months over end for the financial year when the search was conducted like assessment u/s 153A.

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