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The report also includes foreign financial assets, coverage policies, annuity by using a cash value, pool funds, and mutual funds. 
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For my wife, she was paid $54,187, which she is not taxed on for memek Social Security or Healthcare. She’s to put 14.82% towards her pension by law, making her federal taxable earnings $46,157. If any books of accounts, documents, assets found or seized belong to your other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should even be completed with twenty one months by means of end among the financial year when the search was conducted like assessment u/s 153A.
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