Owner of Cash found and seized in course of search - Undisclosed ...

Case Laws Income Tax

August 23, 2019

Owner of Cash found and seized in course of search - Undisclosed income - presumption u/s 292C - if money is found in possession of any person in course of search u/s 132, it may in any proceeding under the Act be presumed that such money belongs to such person - since the money/seized cash was found in possession of Deo Lal Sah,father in law, it could not have been presumed to belong to the appellant

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Owner of Cash found and seized in course of search - Undisclosed ...

Case Laws Income Tax

August 23, 2019

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