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Note: The author is not a CPA or tax professional. This article is for general information purposes, and really should not be construed as tax details. Readers are strongly asked to consult their tax professional regarding their personal tax situation.

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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 be also 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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