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Revision as of 23:34, 21 August 2025
We all recognize that tax attorneys specify in tax issues, but what exactly does that mean and when should you contact one? Not every situation calls to have a lawyer and there are plenty of tax problems that you might handle on ones own. However, when serious tax problems arise and become complicated, it's time to call a tax attorney.
Conversely, earned income abroad, and residual income from foreign securities, rental, or other considerations abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, could be used as credits against U.S. taxes due.
129.70
It recently been instructed by CBDT vide letter dated 10.03.2003 even though recording statement during training course of search and seizures and survey operations, no attempt ought to made to get confession with respect to the undisclosed income. Akin to been advised that ought to be be focus and focus on collection of evidence for undisclosed income.
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