Seized funds count as advance tax from seizure date for interest calculation u/ss 234A and 234B.

Computation of interest u/s 234A and 234B of the Act - the seized amount shall be treated as payment of advance tax on the date of seizure itself. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X