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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Jewellery, silver utensils and cash amounting were seized during ...


Court Rules Third-Party Claims Insufficient for Seized Jewellery, Silver, and Cash Ownership Proof in Search Case.

July 23, 2012

Case Laws     Income Tax     HC

Jewellery, silver utensils and cash amounting were seized during search - assessee submitted that the articles belong to third party - Mere declaration by third parties may not be sufficient - HC

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