urgent

Anmol Singla (808 Points)

28 February 2019  
If income tax authorities had seized cash in search and seizure and issue notice u/s153 of income tax act, can that seized money be treated as payment of advance tax of that assessment year or subsequent assessment year, if the assessee does not left with any cash and bank balance after that seizure and if we take that seized money into account it will nullify our tax liability
please also tell me any case law relating to it