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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 over end belonging to the financial year when the search was conducted like assessment u/s 153A.

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If a married couple wishes to receive the tax benefits within the EIC, they must file their taxes jointly. Separated couples cannot both claim their kids for the EIC, in order that they will have to decide who'll claim that company. You can claim the earned income credit on any 1040 tax state.

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