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2021 (6) TMI 229 - DELHI HIGH COURTRecovery proceedings - attachment orders - title deed seized by the respondents/revenue in exercise of the powers contained under Section 132(1)(c)(iii) - petitioner points out that, immovable properties can only be attached, albeit, provisionally by the respondents/revenue, if they choose to do so by exercising powers under Section 132(9B) of the Act, and not under Section 132(1)(c)(iii), as is sought to be done - HELD THAT:- As revenue, says that via the order dated 19.04.2021, the Court directed the concerned officer to ascertain, as to whether the aforementioned 10 properties were disclosed in the income tax returns filed for the relevant AYs, and therefore, the said exercise was carried out. We are of the view that the first step that the concerned officer needs to take to expedite the proceedings is, to submit the appraisal report concerning the search to the petitioner’s AO. Therefore, while we are issuing notice in the captioned application, the concerned officer is also directed to submit the appraisal report to the petitioner’s AO within the next ten days. Revenue will also get the 7 properties, referred to hereinabove (apart from the 10 properties which are reflected in the subject title deeds), valued, so that one has an idea as to what is the security available to the respondents/revenue. Accordingly, issue notice. Mr. Hossain accepts service on behalf of the respondents/revenue
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