Section 132B

  • Income Tax

For payment of interest on refund, amount paid as tax is different from amount seized

For payment of interest on refund of amounts paid as tax is quite different from amount seized from the possession…

1 week ago
  • 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…

4 months 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