Section 132B

  • Income Tax

No automatic release of seized assets u/s 132B If no order is passed within 120 days – High Court

Section 132B of Income Tax Act 1961 does not stipulate that if no order is passed within 120 days, seized…

1 month ago
  • Income Tax

Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment

Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular…

7 years ago