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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Satisfaction Note u/s. 153C - cash seized belonged to the third ...


Cash Seized Belongs to Third Party, Assessee Identified; Statement During Search u/s 132(4) is Key Evidence.

March 3, 2017

Case Laws     Income Tax     HC

Satisfaction Note u/s. 153C - cash seized belonged to the third party, i.e., the assesse in the present case. Such statement also constitutes as material because it is made in the course of the search under Section 132(4) - HC

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