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We are a construction company and would like to have a few questions answered regarding the financial statements that we are going to create for ourselves. Here is the link to Balance Sheet & … Answered by Wayne Spivak, Contributing Editor Contribute a question Email content@proformative.com ...
If you do not file Form 8938 or report a specified foreign financial asset, thestatute of limitationsfor the tax year may remain open for all or a portion of your income tax return until three years after the date you file Form 8938. You can extend the statute of limitations for failing ...
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QUESTION: the Income Tax Act,1961 provides for taxation of a certain income earned in India by Mr. X a non-resident. The DTAA ,which applies to Mr. X provides for taxation of such income in the country of residence. Is Mr. X liable to pay tax on such income earned by him in Indi...
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