Sampathirao Apparao vs. Income Tax Officer,
The appeals stand dismissed
ITTA/20/2012HC Telangana19 Jul 2013
Section 132(4)Section 132BSection 140ASection 153ASection 234BSection 260
capital gain arising out of sale proceeds of
house, thus, Assessing Officer requested Commissioner of Income Tax
for adjustment of seized amount towards the tax liability of appellants.
The Commissioner of Income Tax, Amritsar vide letter dated 26.06.2009
permitted Assessing Officer to adjust seized cash against tax liability of
appellants. The Assessing Officer, accordingly, adjusted seized cash
against
