TMI BlogHigh Court Quashes Order Due to Lack of Recorded Satisfaction in Cash Seizure u/s 132A of Income Tax Act.Search and seizure of cash – recording of satisfaction - condition precedent for the exercise of power under section 132A was lacking and the order made under it was liable to be quashed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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