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

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....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....