Difference between revisions of "Offshore Business - Pay Low Tax"

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Latest revision as of 09:18, 12 November 2024

The term "Raid in Indian Taxes Law" is incredulous and any unexpected encounter with IT sleuths generally results in chaos and vacuity. If you are sure to experience such action it is best to familiarise with the subject, so that, the situation could be faced with confidence and serenity. Income tax Raid is conducted with the sole objective to unearth tax avoidance. It is the process which authorizes IT department searching any residential / business premises, vehicles and bank lockers etc. and seize the accounts, stocks and valuables.

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Some the correct storm preparations still make do with it, , however, if you get caught avoiding the filing of the government Form 2290, you could be charged 4.5% of the owed amount, and sometimes even just filing past the deadline will be paying 9.5 percent of the balance in late fees.

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