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2) Are you participating inside your company's retirement plan? If not, not really? Every dollar you contribute could lessen your taxable income decrease your taxes to hiking.

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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 additionally be completed with twenty one months from end for this financial year when the search was conducted like assessment u/s 153A.

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