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‘On-Money’ Not an “Asset” for Extended 10-Year Search Assessment: Mumbai ITAT

27 Aug 2026 · 27 Aug 2026By CA Vijayakumar Shetty

ITAT Mumbai held ‘on-money’ was not an asset under Section 153A, invalidating proceedings for AYs 2012-13 to 2014-15 beyond six years. The post ‘On-Money’ Not an “Asset” for Extended 10-Year Search Assessment: Mumbai ITAT appeared first on TaxGuru .

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