Government Tax Deed Sales: Difference between revisions

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Latest revision as of 15:26, 15 August 2025


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(iv) All unaccounted income should be declared. If such a disclosure was developed before its detection the actual Income Tax Department, odds of being trapped from a tax raid are lessened.

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It has been instructed by CBDT vide letter dated 10.03.2003 even though recording statement during the course of search and seizures and survey operations, no attempt end up being made to obtain confession to the undisclosed income. It has been advised that ought to be be focus and attention to collection of evidence for undisclosed income.

Have your real estate agent tip you on to a building with an out-of-town owner who is eager to market. Sometimes such owners will administer a two- or five-year contract for deed, and that means a minimal down fee.

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