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2021 (5) TMI 491 - HC - Income TaxRelease of jewellery as retained/seized in the course of search - HELD THAT:- As given to understand that the process of considering the petitioner's representation was ongoing and additional time was sought. It is brought to notice today that on 08.04.2021, the Deputy Commissioner of Income Tax, Central Circle -1(2) has conveyed the approval of the Principal Commissioner of Income Tax for release of 5825.59 gms of jewellery and communicated the same to the Assessing Officer. The letter states that the process of release is underway. This is recorded. In the light of the same, the mandamus sought stands achieved. Let the process of release be completed after observing all formalities and procedures as required under the Rules within a period of four (4) weeks from today.
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