https://www.taxtmi.com/highlights?id=52448 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 en-us Fri, 20 Mar 2020 13:08:02 +0530 Fri, 20 Mar 2020 13:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52448 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 Highlights Income Tax Fri, 20 Mar 2020 13:08:02 +0530 https://www.taxtmi.com/highlights?id=52448