https://www.taxtmi.com/highlights?id=48834 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 en-us Fri, 23 Aug 2019 07:31:08 +0530 Fri, 23 Aug 2019 07:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48834 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 Highlights Income Tax Fri, 23 Aug 2019 07:31:08 +0530 https://www.taxtmi.com/highlights?id=48834