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2021 (8) TMI 1268 - DELHI HIGH COURTSearch executed u/s 132 - Seeking release of jewellery and cash seized by the Respondents from the Locker - HELD THAT:- As order dated 13.08.2021, we had tried to balance the interest of the petitioner i.e., the assessee as well as the respondents/revenue. On 13.08.2021, we had refrained from passing a final order, though the legal issue was considered and a view was taken, with the hope that, the respondents/revenue would agree with the proposed directions, which are contained in paragraph 6.1 of our order dated 13.08.2021. Respondents/revenue, says that, his instructions are that, the respondents/revenue seem to be constrained by the language of Section 132B of the Income Tax Act, 1961 (in short “the Act”). In our view, such a stand is untenable, and the reasons for the same are set forth in the order, dated 13.08.2021.
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