Treatment of cash seized during the search as advance tax - ...

Finance Act 2013: Seized Cash Treated as Advance Tax from Seizure Date, Not Applicable to Current Case.

March 20, 2020

Case Laws Income Tax AT

Treatment of cash seized during the search as advance tax - Explanation was brought by the Finance Act 2013 with effect from 1st June 2013. Thus the same cannot be applied to the facts of the case on hand. - AO directed to treat the seized cash as an advance tax with effect from the date of seizure of cash. - AT

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Treatment of cash seized during the search as advance tax - ...

Finance Act 2013: Seized Cash Treated as Advance Tax from Seizure Date, Not Applicable to Current Case.

March 20, 2020

Case Laws Income Tax AT

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