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2010 (9) TMI 601 - PUNJAB AND HARYANA HIGH COURTSurvey - Penalty - whether mere recording of reasons and approval by Chief Commissioner was enough to retain the impounded documents for long period even when it results in prejudice to the assessee - even though photocopies of the books of account and other documents have been made available, the same not being legible, audit could not be conducted on the basis thereof - even though the officer conducting survey could impound the books of account or other documents and retain the same beyond 10 days after approval of the Chief Commissioner, the said power is not an absolute power - Period of filing return and audit will stand extended by two months from the date of availability of the original books of account and other documents - Decided in the favour of assessee
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