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2012 (2) TMI 133 - ITAT DELHISearch - Unaccounted Cash to be settled against Advance Tax liability - Held That:- Search conducted on 19.1.09 and advance tax liability was due on 15.03.09, before conduct of search assessee wrote a letter to the Additional Director to adjust the cash towards his liability and the liabilities of the associates. Assessee had no intention to shrink his liability thus CIT(A) has rightly allowed adjustment of cash against Advance tax.
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