Seizure of Illegal Assets under the Income-tax Act, 1961

Last updated: 16 March 2013

Seizure of Illegal Assets In the searches conducted by the Income Tax Department during F.Ys 2009-10, 2010-11, 2011-12 and 2012-13 (up to December, 2012), unexplained assets of about Rs. 963.50 crore, Rs.774.98 crore, Rs. 905.60 crore and Rs.453.54 crore, respectively were seized. S
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