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2021 (9) TMI 1375 - GUJARAT HIGH COURTSeeking release the assets seized pursuant to the search and seizure u/s 132 in case of sibling of the petitioners - During the search and seizure proceedings, jewelry owned and possessed by the petitioners also have been seized and not released till date - HELD THAT:- .As it is the case of the petitioners that they were able to explain the source of jewellery and the place from which it was purchased as well as show the Wealth Tax Return for the A.Y. 2012-13 filed by the petitioners and other family members worth of ₹ 2 Crores (rounded off). Thrice communications have been sent and requests are also made to return the same, however, till date, neither reply has been given nor has the jewelry been returned. According to the learned advocate Mr. Patel, in case of brother of the petitioners, Assessment Order has been passed on 10.03.2016 where no addition has been made by the authority concerned, and none of the communications made by the petitioner has been replied to client. It is further urged that challenge is made to the order of Assessing Officer before the appellate authority, present status of which, he can reveal on the next date of hearing.
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