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Version vom 17. August 2026, 22:45 Uhr

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Through the proposed DTC / GST legislations, the government has acknowledged the need for new revenue system but the proposed new laws apparently appear become even more complicated then today's one.

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What clothing as your 'income' tax has some of tax brackets each using its own tax rate from 10% to 35% (2009). These rates are employed to your taxable income which is income greater than your 'tax free' return.

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 for this financial year when the search was conducted like assessment u/s 153A.

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