Application of seized assets during the course of an Income Tax search towards the self assessment tax liability of an assessee - Whether permissible

CA.Mohit Gupta , Last updated: 10 December 2020  
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Introduction The application of assets seized during the course of search and seizure action is governed by the provisions of Section 132B of the Income Tax Act1961. Before digging deeper into the matter, let us go through the provisions of Section 132B in the statute as on date which is repro

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Published by

CA.Mohit Gupta
(Chartered Accountant)
Category Income Tax   Report

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