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2023 (3) TMI 618 - KARNATAKA HIGH COURTValidity of search and seizure conducted - Section 37 of FEMA read with Section 132(1)(C) of the Income-tax Act, 1961 as ultra vires of Articles 14, 19(1)(g) and 21 of the Constitution of India - HELD THAT:- On perusal of the provisions of Section 132(8A) of the Act, it is evident that order under Sub-Section (3) of Section 132 of the Income Tax Act would not be in force beyond sixty days from the date of the order. In light of the provisions of Section 132 (8A), the impugned notices dated 25/10/2018 at Annexures-F1 and F2 have lost their efficacy by efflux of time as the period of sixty days has expired. See Greenpeace India Society [2019 (2) TMI 1982 - KARNATAKA HIGH COURT] Accordingly, the impugned order at Annexures-F1 and F2 are not sustainable.The writ petition is allowed.The impugned notices are hereby quashed.
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